Largest Health Insurer Forecasts Growth in Medicare Advantage Plans for Elderly

Today, Reuters reported that United Health Group (UNH.N) expects health insurance plan enrollments to increase over the next year. The Group is the largest health insurer in the U.S and expects the growth to result at least in part, from increased Medicare Advantage plans for the elderly. You can view the original article here. Click here for information on UNH.N.

Specifically, the insurer noted at an annual investor conference that it  expects it will add around 800,000 members. Although this increase in membership comes as a welcomed reception, yesterday (Monday, November 29) the company noted that it expects “earnings per share” to drop of around 8%. This number, however, was not more than Wall Street expected.

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About Evan H Farr, CELA, CAP

Evan H. Farr is a 4-time Best-Selling author in the field of Elder Law and Estate Planning. In addition to being one of approximately 500 Certified Elder Law Attorneys in the Country, Evan is one of approximately 100 members of the Council of Advanced Practitioners of the National Academy of Elder Law Attorneys and is a Charter Member of the Academy of Special Needs Planners.