UnitedHealth Group Incorporated is a diversifiedhealth and "well-being" company. Headquartered in Minnetonka,Minn., UnitedHealth Group offers a spectrum of products andservices through nine plus the operating businesses:UnitedHealthcare, ovations, AmeriChoice, Uniprise,OptumHealth, Pacificare, the Golden Rule, AMS, Ingenix, andPrescription Solutions. Through its family of subsidiaries anddivisions, UnitedHealth Group serves approximately 70 millionindividuals nationwide. In 2008, the company posted a netincome of $ 3 billion.
UnitedHealth Group is the parent of UnitedHealthcare, a largehealth insurers in the United States. It was created in 1977, asUnitedHealthcare Corporation (it was renamed in 1998), buttraces its origin to a firm it acquired in 1977, Charter MedIncorporated, the which was founded in 1974. In 1979, itintroduced the first network-based health plan for Seniors. In1984, it Became a publicly traded company.
In a recent insurance industry publication, Business Insurance,United was named "readers choice" winner in 2007 for "BestManaged care organization"
To contrast, however, in a March 2008 survey of non-insuranceindustry, the WHO of health care executives have dealt with thecompany, United received a 91% unfavorable rating, the worstranking Among all listed.
In 2010, UnitedHealth Group spent more than $ 1.8 million onlobbying activities to work to Achieve favorable legislation, andhired seven different lobbying firms to work on its behalf. InAddition, its corporate political action committee or PAC, called "United for Health," spent an additional $ 1 million on lobbyingactivities in 2010.
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