domingo, 10 de julio de 2011

UnitedHealth CEO: Flexibility will help weather 'disruptive change' - Minneapolis / St. Paul Business Journal:

http://lawyerswithalife.com/article_panic.html
“Leading companies actually take advantages of disruptive change andchallengintg markets,” Hemsley said at the company’w annual meeting in Minnetonka. Also at the stockowners approvedthe company's slate of directors and voted down a shareholder-proposedx measure regulating executive compensation. The meetint comes at an unsettled time for theinsurancs industry. UnitedHealth (NYSE:UNH) in April , though it still beat Profit was $984 million, or 81 centsx per share, versus $994 or 78 cents per share, durin the first quarter of 2008.
UnitedHealth’sa insurance plan enrollment has been shiftinygtoward lower-margin, government-sponsored health planes — that has worried investors because of the government’s plans to tighten Medicarwe Advantage reimbursement rates. There’s also a great deal of uncertaintyh overPresident Obama’s plans for a majorr health care reform this Still, investors' worries appear to have been allayef some in recent months. Afterr hitting a low of about $16 per sharre in March, UnitedHealth’s stock is now trading at about $28 per share.
The company has been activelyh engaging in the healthreform process, rather than oppose it as many health insurers did when the Clinton administration sought to overhaul the systemn in the 1990s. UnitedHealth CEO Hemsley last montbh , saying the skyrocketing cost of health care was hurtingthe country.

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