So you’re saying if people halve their Products, then it wipes out their Net Income?
That little green line at the top should be better titled “Killing people by denying care”
So a roughly 6% net profit for those wondering
[deleted]
wait a second, the premiums I pay are way more than the medical costs I receive? A sweet 17% profit for them?
So why do I have a huge deductible before I get any health care at all?
That’s not even insurance, that is why a private for-profit entity should not provide health care.
Their customers paid $86.5 billion for $73.4 billion worth of medical care.
This is a pretty efficient business.
Should be a net income of 0. Operating costs should also be 0. All revenue should flow into medical costs.
It’s funny how thin the margins are, it’s not a good business as it is, and now you have to be worried about being murdered for it because Redditors don’t understand the how the system works.
You want to change it? Vote for better leaders. The government defines the rules on which the system operates.
Looks like they made a killing
What’s the difference between “medical costs” and “costs of products sold”? If the actual medicine is only costing them 12b, where’s that 73b coming from?
Less than 10% profit margin and includes profit from their tech IP, claims processing software, etc. It’s interesting how vilified they are.
Note: not in insurance business myself, just observing
It’s a wide system that is overpriced, with no actual central villan. It’s a system that maximized innovation and technology over access (although 95%ish of Americans have health insurance).
There is this rationale that we basically allow higher prices due to this system’s ability to generate much better technolgy and pharamcology.
The U.S. innovates more in medicine than the entire rest of the world combined. The U.S. performs 46 percent of all global R&D in the life sciences, and have been behind 40% of all new drugs discovered. **U.S. researchers produce about 80 percent of the most highly cited breakthroughs medical aresearch.**
This is partly why we pay 2x other countries for less access, it is a tradeoff. It is easier for other countries to heavily cap their drug prices, and dis-interest innovation when there is the U.S. to innovate most of their drugs and research. At the end we pay 2-5x for the drugs we help fund, by researchers that come out of our universities, than all other countries who get to enjoy both access and innovation through the U.S.
Operating costs could easily be reduced. Bring in DOGE s/
I bet they saved money on the CEOs salary since he briefly stopped collecting it
This data is very misleading. There are many ways to manipulate their cashflows to lower their net income. Two that quickly come to mind are stock buybacks ($120 billion from 2010-2024) and unrealized asset gains (~$12 billion from 2024Q4 to 2025Q1. Realize the gains or stop the buybacks and that net income changes drastically.
As of 2024 United Healthcare has over 400,000 employees. If operating cost are 13.6B, that would only be 34K per person. I must be assuming something wrong here, can anyone help me out?
![[OC] How UnitedHealth Group made it’s latest Billions](https://www.europesays.com/wp-content/uploads/2025/04/0q0tioo3fhve1-1920x1024.png)
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Source: [UnitedHealth Group investor relations](https://www.unitedhealthgroup.com/content/dam/UHG/PDF/investors/2025/UNH-Reports-Q1-2025-Results-Revises-Full-Year-Guidance.pdf)
Tool: [SankeyArt](http://sankeyart.com) Sankey digram maker
So you’re saying if people halve their Products, then it wipes out their Net Income?
That little green line at the top should be better titled “Killing people by denying care”
So a roughly 6% net profit for those wondering
[deleted]
wait a second, the premiums I pay are way more than the medical costs I receive? A sweet 17% profit for them?
So why do I have a huge deductible before I get any health care at all?
That’s not even insurance, that is why a private for-profit entity should not provide health care.
Their customers paid $86.5 billion for $73.4 billion worth of medical care.
This is a pretty efficient business.
Should be a net income of 0. Operating costs should also be 0. All revenue should flow into medical costs.
It’s funny how thin the margins are, it’s not a good business as it is, and now you have to be worried about being murdered for it because Redditors don’t understand the how the system works.
You want to change it? Vote for better leaders. The government defines the rules on which the system operates.
Looks like they made a killing
What’s the difference between “medical costs” and “costs of products sold”? If the actual medicine is only costing them 12b, where’s that 73b coming from?
Less than 10% profit margin and includes profit from their tech IP, claims processing software, etc. It’s interesting how vilified they are.
Note: not in insurance business myself, just observing
It’s a wide system that is overpriced, with no actual central villan. It’s a system that maximized innovation and technology over access (although 95%ish of Americans have health insurance).
There is this rationale that we basically allow higher prices due to this system’s ability to generate much better technolgy and pharamcology.
The U.S. innovates more in medicine than the entire rest of the world combined. The U.S. performs 46 percent of all global R&D in the life sciences, and have been behind 40% of all new drugs discovered. **U.S. researchers produce about 80 percent of the most highly cited breakthroughs medical aresearch.**
This is partly why we pay 2x other countries for less access, it is a tradeoff. It is easier for other countries to heavily cap their drug prices, and dis-interest innovation when there is the U.S. to innovate most of their drugs and research. At the end we pay 2-5x for the drugs we help fund, by researchers that come out of our universities, than all other countries who get to enjoy both access and innovation through the U.S.
Operating costs could easily be reduced. Bring in DOGE s/
I bet they saved money on the CEOs salary since he briefly stopped collecting it
This data is very misleading. There are many ways to manipulate their cashflows to lower their net income. Two that quickly come to mind are stock buybacks ($120 billion from 2010-2024) and unrealized asset gains (~$12 billion from 2024Q4 to 2025Q1. Realize the gains or stop the buybacks and that net income changes drastically.
As of 2024 United Healthcare has over 400,000 employees. If operating cost are 13.6B, that would only be 34K per person. I must be assuming something wrong here, can anyone help me out?
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