Article from: Axios
By Bob Hader
UnitedHealth Group blew the doors off the opening of earnings season this week, reporting a better-than-expected fourth quarter, Bob writes.
· Its health insurance unit kept more of the premium dollars, and its pharmacy benefit manager, OptumRx, anchored all of the Optum companies.
By the numbers: United reported a $13.8 billion profit on $242 billion of revenue in the full-year 2019.
· The only other health care company that posts higher annual profits, in absolute numbers, is Johnson & Johnson. J&J reports next week.