UnitedHealth Group Incorporated owns and manages organized health systems in the United States and internationally. The Company provides employers products and resources to plan and administer employee benefit programs. UnitedHealth also serves the health needs of older Americans, provides specialized care services, and provides health care information and research to providers and payers.
As a leading health insurer, UnitedHealth offers a variety of plans and services to group and individual customers nationwide. Its UnitedHealthcare health benefits segment manages HMO, PPO, and POS plans, as well as Medicare, Medicaid, state-funded, and supplemental vision and dental options. Together, the UnitedHealthcare businesses serve about 40 million members. In addition, UnitedHealth’s Optum health services units — OptumHealth , OptumInsight , and OptumRx — provide wellness and care management programs, financial services, information technology solutions, and pharmacy benefit management (PBM) services to an additional 115 million.
Within the universe of UnitedHealth, UnitedHealthcare is king, with the core health benefits segment accounting for about 65% of annual revenues. The UnitedHealthcare Employer & Individual unit, which serves about 30 million members through its plans for students, families, individuals, and businesses (ranging from sole proprietorships to multinational enterprises), is the largest health benefits business, with the UnitedHealthcare Medicare & Retirement senior services unit not far behind. A smaller division, UnitedHealthcare Community & State, manages public Medicaid programs for disabled and disadvantaged citizens. The UnitedHealthcare Military & Veterans provides medical plans for about 3 million active and retired military personnel and their families in the western US through a government TRICARE contract. The UnitedHealthcare Global (formerly UnitedHealthcare International) unit serves international markets and includes Amil , which provides health and dental benefits to some 5 million people in Brazil.
The Optum health services division includes OptumHealth, OptumInsight, and OptumRx. OptumHealth is the health and wellness arm serving more than 78 million individuals, while OptumInsight provides technology and consulting services to the health care industry. OptumRx is a pharmacy benefit management (PBM) company that processes hundreds of millions of drug prescriptions annually and manages more billions of dollars’ worth of pharmaceutical spending each year.
Altogether, the UnitedHealthcare divisions and Optum health service businesses provide benefits and related services to more than 155 million individuals.
UnitedHealth’s plans have a combined provider network of some 1 million doctors and 6,000 hospitals nationwide. Its health plan units and other divisions serve customers throughout the US, as well as 125 international countries.