Unitedhealth Group To Discuss Business Outlook At Investor Conference

NEW YORK, N.Y. (November 26, 2018) – UnitedHealth Group (NYSE: UNH) will host its annual Investor Conference with analysts and institutional investors in New York City on Tuesday, November 27, 2018, beginning at 8:00 a.m. ET.  At the meeting, senior leaders will discuss the Company’s strategy, performance and outlook, including reviewing trends and initiatives related to its various businesses.

The Company will livestream the presentation and management question and answer portions of this meeting and will make conference materials available on its Investors page at www.unitedhealthgroup.com.  A replay of the conference will be available on the Company web site through January 2, 2019.

In conjunction with the meeting, the Company willdiscuss its financial outlook. Revenues for 2018 are expected to approximate $226 billion, with net earnings to approach $12.10 per share and adjusted net earnings to approach
$12.80 per share, consistent with the Company’s most recent outlook provided with its third quarter 2018 earnings release. Adjusted net earnings exclude from net earnings only the after-tax non-cash amortization expense pertaining to acquisition-related intangible assets.

UnitedHealth Group will also introduce its 2019 outlook, including revenues of $243 billion to $245 billion, net earnings of $13.70 to $14.00per share, and adjusted net earnings of $14.40 to $14.70 per share.  Cash flows from operations are expected to range from $17.3 billion to $17.8 billion in 2019.

About UnitedHealth Group

UnitedHealth Group (NYSE: UNH) is a diversified health care company dedicated to helping people live healthier lives and helping make the health system work better for everyone. UnitedHealth Group offers a broad spectrum of products and services through two distinct platforms: UnitedHealthcare, which provides health care coverage and benefits services; and Optum, which provides information and technology-enabled health services. For more information, visit UnitedHealth Group at www.unitedhealthgroup.comor follow @UnitedHealthGrp on Twitter.

Non-GAAP Financial Information

This news release presents non-GAAP financial information provided as a complement to the results provided in accordance with accounting principles generally accepted in the United States of America (“GAAP”). Adjusted net earnings exclude amortization expense of approximately $0.90 and $0.95 per share and the related tax impact of $0.20 and $0.25 per share for the years ending December 31, 2018 and 2019, respectively, pertaining to acquisition-related intangible assets.

Forward-Looking Statements

The statements, estimates, projections, guidance or outlook contained in this document include “forward-looking” statements within the meaning of the Private Securities Litigation Reform Act of 1995 (PSLRA). These statements are intended to take advantage of the “safe harbor” provisions of the PSLRA. Generally the words “believe,” “expect,” “intend,” “estimate,” “anticipate,” “forecast,” “outlook,” “plan,” “project,” “should” and similar expressions identify forward-looking statements, which generally are not historical in nature. These statements may contain information about financial prospects, economic conditions and trends and involve risks and uncertainties. We caution that actual results could differ materially from those that management expects, depending on the outcome of certain factors.

Some factors that could cause actual results to differ materially from results discussed or implied in the forward-looking statements include: our ability to effectively estimate, price for and manage our medical costs, including the impact of any new coverage requirements; new laws or regulations, or changes in existing laws or regulations, or their enforcement or application, including increases in medical, administrative, technology or other costs or decreases in enrollment resulting from U.S., South American and other jurisdictions’ regulations affecting the health care industry; the outcome of the DOJ’s legal action relating to the risk adjustment submission matter; our ability to maintain and achieve improvement in CMS star ratings and other quality scores that impact revenue; reductions in revenue or delays to cash flows received under Medicare, Medicaid and other government programs, including the effects of a prolonged U.S. government shutdown or debt ceiling constraints; changes in Medicare, including changes in payment methodology, the CMS star ratings program or the application of risk adjustment data validation audits; cyber-attacks or other privacy or data security incidents; failure to comply with privacy and data security regulations; regulatory and other risks and uncertainties of the pharmacy benefits management industry; competitive pressures, which could affect our ability to maintain or increase our market share; changes in or challenges to our public sector contract awards; our ability to execute contracts on competitive terms with physicians, hospitals and other service providers; failure to achieve targeted operating cost productivity improvements, including savings resulting from technology enhancement and administrative modernization; increases in costs and other liabilities associated with increased litigation, government investigations, audits or reviews; failure to manage successfully our strategic alliances or complete or receive anticipated benefits of acquisitions and other strategic transactions; fluctuations in foreign currency exchange rates on our reported shareholders’ equity and results of operations; downgrades in our credit ratings; the performance of our investment portfolio; impairment of the value of our goodwill and intangible assets if estimated future results do not adequately support goodwill and intangible assets recorded for our existing businesses or the businesses that we acquire; failure to maintain effective and efficient information systems or if our technology products do not operate as intended; and our ability to obtain sufficient funds from our regulated subsidiaries or the debt or capital markets to fund our obligations, to maintain our debt to total capital ratio at targeted levels, to maintain our quarterly dividend payment cycle or to continue repurchasing shares of our common stock.

This list of important factors is not intended to be exhaustive. We discuss certain of these matters more fully, as well as certain risk factors that may affect our business operations, financial condition and results of operations, in our filings with the Securities and Exchange Commission, including our annual reports on Form 10-K, quarterly reports on Form 10-Q and current reports on Form 8-K. Any or all forward-looking statements we make may turn out to be wrong, and can be affected by inaccurate assumptions we might make or by known or unknown risks and uncertainties. By their nature, forward-looking statements are not guarantees of future performance or results and are subject to risks, uncertainties and assumptions that are difficult to predict or quantify. Actual future results may vary materially from expectations expressed or implied in this document or any of our prior communications. You should not place undue reliance on forward-looking statements, which speak only as of the date they are made. We do not undertake to update or revise any forward-looking statements, except as required by applicable securities laws.

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Contacts:
Brett Manderfeld
Vice President
952-936-7216

John S. Penshorn
Senior Vice President
952-936-7214

Media:
Tyler Mason
Vice President of Communications
424-333-6122

UnitedHealth Group Supporting People Affected by Mass Shooting in Thousand Oaks

• Optum’s Emotional-Support Help Line, 866-342-6892, provides access to specially trained mental health specialists to help people manage their stress and anxiety
• Toll-free help line is available around the clock, and is free of charge and open to anyone

THOUSAND OAKS, Calif. (Nov. 8, 2018)– UnitedHealthcare and Optum, the health benefits and services businesses of UnitedHealth Group (NYSE: UNH), are opening Optum’s Emotional-Support Help Line, providing access to specially trained mental health specialists to support people affected by the recent mass shooting in Thousand Oaks, California.

Optum’s toll-free help line number, 866-342-6892, will be open 24 hours a day, seven days a week, for as long as necessary. The service is free of charge and open to anyone. The help line offers specially trained Optum mental health specialists to help people manage their stress and anxiety so they can continue to address their everyday needs. Callers may also receive referrals to community resources to help them with specific concerns, including financial and legal matters.

Along with the toll-free help line, emotional-support resources and information are available online at www.liveandworkwell.com.

“Unexpected violence and loss can result in feelings of fear, panic, grief or guilt among people who have a connection to the event and others in the community, or even those who are watching it on the news,” said Martin H. Rosenzweig, M.D., chief medical officer, Optum Behavioral Solutions. “These feelings can emerge days or even weeks later. Talking through these reactions with caring professionals is an important source of support during difficult times.”

About UnitedHealth GroupUnitedHealth Group (NYSE: UNH) is a diversified health care company dedicated to helping people live healthier lives and helping to make the health system work better for everyone. UnitedHealth Group offers a broad spectrum of products and services through two distinct platforms: UnitedHealthcare, which provides health care coverage and benefits services; and Optum, which provides information and technology-enabled health services. For more information, visit UnitedHealth Group at www.unitedhealthgroup.com or follow @UnitedHealthGrp on Twitter.

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Contact:                     

Lauren Mihajlov

Optum

612-382-1973

lauren.mihajlov@optum.com

Inroads and Unitedhealth Group To Help Increase Diversity In The Healthcare Industry

• More than 2 million health care professionals needed by 2025 in order to meet the nation’s aging population
• Partnership highlights the importance of bringing diverse backgrounds, talents and perspectives to businesses across the country

1. LOUIS, Nov. 8, 2018 — INROADS and UnitedHealth Group are expanding their collaboration with the goal to triple the amount of diverse, talented interns working at UnitedHealth Group in 2019.

INROADS and UnitedHealth Group launched their collaboration 19 years ago, offering diverse college students from across the country internships in departments such as Finance, Sales, Technology, Marketing, and Human Capital at United Health Group and its UnitedHealthcare and Optum businesses.

“We’re pleased to work with UnitedHealth Group and serve together as a catalyst for providing people with diverse backgrounds job opportunities in health care. With each year and technological advancement, the health care industry is becoming more and more personal so it’s important to provide opportunities to underserved studentsand develop a diverse workforce,” said Forest Harper, Jr., President and CEO, INROADS, Inc.

“We’re investing in hiring, developing and retaining a workforce that is representative of the communities we serve, and building a workplace where diverse thought and teamwork flourish,” said Karen Sachs, Vice President, Inclusion and Diversity, UnitedHealth Group. “By including and appreciating diverse people, perspectives and backgrounds, we generate a stronger commitment, more creative solutions and better results.”

WATCH A VIDEO ABOUT THE INROADS EXPERIENCE

There is currently an unprecedented demand for health care workers. According to a research study by Mercer, the United States will need 2.3 million new health care workers by 2025 in order to adequately meet the health care needs of its aging population. The partnership between INROADS and UnitedHealth Group represents leaders in their industry sectors working together to highlight the importance of corporate diversity.

To learn more about the availability of INROADS internships, visit INROADS.org.

About INROADS

Founded in 1970, INROADS develops and places talented underserved youth in business and industry, preparing them for corporate and community leadership that affects community renewal and social change and elevates economic status and quality of life. INROADS has placed students in over 135,000 paid internships throughout its history, and graduated over 28,000 alumni into full-time professional and leadership positions with over 1,000 corporate partners. Currently, INROADS serves nearly 1,300 interns and 200 corporate clients. Learn more at INROADS.organd connect with us on Facebook, Twitter, Instagram and LinkedIn: @INROADS Inc.

Media Contact:

Angela Miller

P: 205-440-1549

E: amiller@wilbron.com

What You Need to Know About Specialty Benefits

When looking to help save money on health care costs for 2019, you might think about opting out of specialty benefits such as vision, dental or disability during open enrollment. But, there are compelling reasons why you should consider signing up for this type of coverage.

Many people value specialty benefits (also known as ancillary benefits), according to a recent UnitedHealthcare survey. The survey showed that 80 percent of people said having vision and dental benefits is “important” during open enrollment.

There is growing evidence linking oral and eye health to overall health, as well as to an array of chronic medical conditions. In addition, new programs that integrate specialty benefits with medical coverage may help lead to healthier outcomes and reduced medical costs.

Consider this information about specialty benefits:

Vision: The eyes are a window to overall health, revealing important information about a person’s well-being. Eye exams can help detect and manage diabetes, multiple sclerosis, Crohn’s disease and others. People who are aware of and able to successfully manage chronic conditions can help reduce the risk of costly complications and focus on maintaining and improving their health.

Dental: A UnitedHealthcare study examined people with certain chronic conditions, such as diabetes or cardiovascular disease, and their dental care. Those who received appropriate dental care, including preventive services and the treatment of gum disease, had annual net medical costs that were $1,037 lower on average than those who received no dental care.

Financial Protection: Benefits such as disability, accident and critical illness coverage can help provide people with financial protection and additional support following a serious injury or medical event, such as cancer, heart attack or stroke. For instance, some health plans that combine medical and specialty benefits have shown the ability to reduce the duration of disability claims. These benefits offer plan participants improved management, additional support and information, including a case manager and advice on exercise and nutrition. These additional resources mean people may get back to health more quickly.

Hearing Health: Hearing loss is a significant health issue for more than 48 million Americans, according to the Hearing Loss Association of America. A growing number of people are at risk of noise-induced hearing loss due to exposure to loud sounds and the increasing use of earbuds. By preventing or, if necessary, treating hearing loss, people can help reduce their risk of developing a range of physical and mental health issues, including increased risk of falls, social isolation and dementia.

Adding specialty benefits during this fall’s open enrollment may help prevent disease before it starts and, if necessary, assist people with managing their chronic conditions. It can also help provide additional benefits and financial protection.