UnitedHealth's Net Rises
UnitedHealth Group's quarterly earnings rose 3.1%, as the health insurer continued to benefit from members' lighter use of medical services.
Health insurance industry healthier than predicted
Tuesday, October 16, 2012 - 15:05 Chip Somodevilla/Getty Images Health and Human Services Secretary Kathleen Sebelius speaks about the recent Supreme Court decision to uphold the Affordable Care Act on July 11, 2012 in Washington, DC. So far, the fiscal impact of President Obama’s health care reform is not nearly as bad as originally forecast by Wall Street types. Parts of the Affordable Care Act have already taken effect, like the rule requiring insurers spend a certain percentage of their profits on medical costs -- some analysts had predicted that requirement would hurt the bottom line. “Investors overestimate the impact of the law on managed care organizations,” says Matt Choffina, a senior equity analyst at Morningstar. “They seem to be feeling little, if any, impact from the health reform law.” Consider UnitedHealth Group: On Tuesday, the company announced a 23 percent jump in third-quarter profits. With so many negative predictions, why is the health insurance industry so ...
Mobile Marketing on Facebook
Want to grow your business? Embrace mobile marketing and tap in to the legions of smartphone-wielding Facebook fans. As important as it is to growing your business, an entrepreneur can allocate only so many hours a week to marketing. You need to be strategic about how – and where – you spend that time. And unless you’re simply not paying attention, you know that Facebook is one of the most effective platforms a small business can use to reach a wider audience. Still, unless you’ve tapped into mobile marketing, you’re missing out on the most active pool of Facebook fans. A study by the Web.com Group shows that of the small businesses who embrace mobile marketing, more than 80 percent have seen an increase in new business as a result. Pedro Hernandez at Small Business Computing reports on an IDC study of smartphone owners that shows just how popular Facebook is with the mobile crowd. According to the study, Facebook ranks as one of the top-three things people do on a smartphone. ...
U.S. youngster tuning out AM/FM radio
While the middle-aged twiddle with the knobs on their radio sets, younger U.S. adults prefer to use Internet radio and streaming services, according to new figures released by the NPD Group.
United States: Nutter Bank Report, March 2013 - Nutter McClennen & Fish LLP
The Nutter Bank Report is a monthly electronic publication of the firm’s Banking and Financial Services Group and contains regulatory and legal updates with expert commentary from our banking attorneys.
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Jury Decides Against UnitedHealth Unit in Hepatitis Case
jury in Nevada decided Thursday that a local UnitedHealth Group unit is responsible for two members who contracted hepatitis C, and awarded $24 million in compensatory damages.