UnitedHealth Group (XSGO:UNH) Medical Loss Ratio % : 0.00% (As of . 20)

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What is UnitedHealth Group Medical Loss Ratio %?

Medical Loss Ratio % is the percentage of the insurance premium that insurers use to pay for medical claims and activities that improve the quality of care. A lower Medical Loss Ratio % indicates better profitability of the company.

The historical rank and industry rank for UnitedHealth Group's Medical Loss Ratio % or its related term are showing as below:

XSGO:UNH's Medical Loss Ratio % is not ranked ^*
in the Healthcare Plans industry.
Industry Median:
* Ranked among companies with meaningful Medical Loss Ratio % only.

UnitedHealth Group Medical Loss Ratio % Historical Data

The historical data trend for UnitedHealth Group's Medical Loss Ratio % can be seen below:

* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD.
* For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.

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UnitedHealth Group Medical Loss Ratio % Chart

UnitedHealth Group (XSGO:UNH) Medical Loss Ratio % Explanation

Medical Loss Ratio % is the percentage of the insurance premium that insurers use to pay for medical claims and activities that improve the quality of care. For example, if an insurer uses 80 cents out of every premium dollar to pay its customers' medical claims and activities that improve the quality of care, the company has a Medical Loss Ratio % of 80%.

Medical claims are medical bills submitted to health insurance carriers and other insurance providers for services rendered to patients by care providers. When you go to the doctor, hospital or other provider, your service generates a bill. This bill then becomes a medical claim to your insurance carrier to process for payment.

Quality of care involves activities such as engaging and involving the patient, so the patient takes ownership in preventive care and in the treatment of diagnosed conditions.

UnitedHealth Group Medical Loss Ratio % Related Terms

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UnitedHealth Group (XSGO:UNH) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Healthcare » Healthcare Plans » UnitedHealth Group Inc (XSGO:UNH) » Definitions » Medical Loss Ratio %

Comparable Companies

Traded in Other Exchanges

UNH:USA UNH:Peru UNH:Mexico 1UNH:Italy 0R0O:UK UNH:Germany UNH:Canada UNHH34:Brazil UNH:Austria

Address

9900 Bren Road East, UnitedHealth Group Center, Minnetonka, MN, USA, 55343

Website

https://www.unitedhealthgroup.com

UnitedHealth Group is one of the largest private health insurers, providing medical benefits to about 53 million members globally, including 5 million outside the U.S. as of mid-2023. As a leader in employer-sponsored, self-directed, and government-backed insurance plans, UnitedHealth has obtained massive scale in managed care. Along with its insurance assets, UnitedHealth's continued investments in its Optum franchises have created a healthcare services colossus that spans everything from medical and pharmaceutical benefits to providing outpatient care and analytics to both affiliated and third-party customers.