The purchase of PacifiCare Health Systems last December increased members 24 percent, in the commercial health insurance category, the company's core business, to 70.6 million, as well as increase revenue by 55 percent, to $18 billion.
UnitedHealth may delay its third-quarter filings to the Securities and Exchange Commission due to an investigation into the way stock options were given to employees.
Chief executive Dr. William W. McGuire, agreed to step down by Dec. 1 after a law firm's inquiry found that he might have been involved in backdating stock options. The increase in value would have effected himself and other executives.
Know More about business ethics at ItsBadBusiness.com.
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