UnitedHealth Group Incorporated NYSE: UNH is a diversified managed health care company headquartered in Minnetonka, Minnesota, USA. UnitedHealth Group offers a spectrum of products and services through two operating businesses: United Healthcare and Optum. Through its family of subsidiaries and divisions, UnitedHealth Group serves approximately 70 million individuals nationwide. In 2010, the company posted a net income of $4.6 billion. UnitedHealth Group is the parent of United Healthcare, the largest single health carrier in the United States . It was created in 1977, as UnitedHealthCare Corporation (it was renamed in 1998), but traces its origin to a firm it acquired in 1977, Charter Med Incorporated, which was founded in 1974. In 1979, it introduced the first network-based health plan for seniors. In 1984, it became a publicly traded company. J.D. Power and Associates recently gave UnitedHealthcare the highest employer satisfaction rating for self-insured health plans.
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