CORRECTING and REPLACING UnitedHealth Group Reports Record Fourth Quar

CORRECTING and REPLACING UnitedHealth Group Reports Record Fourth Quarter and Full Year 2004 Earnings of $1.09 and $3.94 Per Share

    Business Editors
    CORRECTION...by UnitedHealth Group

    MINNEAPOLIS--(BUSINESS WIRE)--Jan. 20, 2005--In BW5231 issued Jan. 20, 2005: In the second table within the text of the release, "Quarterly and Annual Financial Performance," in the section titled "Business Description - Health Care Services," the number for "Earnings for Operations" for Year Ended December 31, 2004, should read "$2.81 billion" (sted $2.81 million). The correct table should be:

Quarterly and Annual Financial Performance

Three Months Ended Year Ended -------------------------------- --------------------- Dec. 31, Sept. 30, Dec. 31, Dec. 31, Dec. 31, 2004 2004 2003 2004 2003 ---------- ---------- ---------- ---------- ---------- $9.32 $8.71 $6.46 $32.67 $24.81 Revenues billion billion billion billion billion Earnings From $834 $763 $523 $2.81 $1.87 Operations million million million billion billion Operating Margin 8.9% 8.8% 8.1% 8.6% 7.5%

    The corrected release reads:

    UNITEDHEALTH GROUP REPORTS RECORD FOURTH QUARTER AND FULL YEAR 2004 EARNINGS OF $1.09 AND $3.94 PER SHARE

    UnitedHealth Group (NYSE:UNH):

--	Fourth Quarter Revenues Up 40%
--	Full Year Revenues Up 29%
--	Fourth Quarter Operating Margin of 11.3%
--	Full Year Operating Margin of 11.0%
--	Fourth Quarter Cash Flows of $1.25 Billion
--	Full Year Cash Flows Above $4.1 Billion
--	Fourth Quarter Return on Equity of 27%
--	Full Year Return on Equity of 31%
--	Fourth Quarter EPS Grew 31%
--	Full Year EPS Grew 33%

    UnitedHealth Group (NYSE:UNH) achieved record results in the fourth quarter and full year ended December 31, 2004, reported Chairman and CEO William W. McGuire, M.D. today. Results were driven by balanced contributions across the diversified family of UnitedHealth Group businesses, and included strong growth, as manifest by the extension of services to more than 6 million net new consumers across all of the member-based businesses in 2004.

    UnitedHealth Group(R)

Quarterly and Annual Financial Performance

Three Months Ended Year Ended -------------------------------- --------------------- Dec. 31, Sept. 30, Dec. 31, Dec. 31, Dec. 31, 2004 2004 2003 2004 2003 ---------- ---------- ---------- ---------- ---------- $10.51 $9.86 $7.52 $37.22 $28.82 Revenues billion billion billion billion billion Earnings From $1.19 $1.09 $810 $4.10 $2.94 Operations billion billion million billion billion Operating Margin 11.3% 11.1% 10.8% 11.0% 10.2%

    UnitedHealth Group Highlights

--	Fourth quarter earnings per share of $1.09 increased 31 percent from $0.83 in the fourth quarter of 2003, and improved 5 cents or 5 percent from the third quarter of 2004.
--	Full year earnings per share of $3.94 increased 33 percent from $2.96 per share in 2003.
--	Fourth quarter consolidated net earnings increased to $739 million, up $232 million or 46 percent year-over-year and $41 million or 6 percent on a sequential quarter basis. Full year net earnings advanced to $2.6 billion, up $762 million or 42 percent over 2003 results.
--	Consolidated fourth quarter revenues increased $3 billion or 40 percent year-over-year and $652 million or 7 percent sequentially, reaching $10.5 billion. Revenues for full year 2004 increased $8.4 billion or 29 percent to $37.2 billion, with revenue advances in each of the Company's multiple business segments.
--	Operating costs were 15.1 percent of revenues in the fourth quarter, an improvement of 160 basis points from the fourth quarter of 2003 and were stable sequentially. The full year operating cost ratio of 15.4 percent also improved significantly from 16.9 percent in 2003.
--	Earnings from operations increased to $1.2 billion in the fourth quarter, up $378 million or 47 percent over the prior year, and up $96 million or 9 percent sequentially. Full year earnings from operations of $4.1 billion advanced 40 percent over 2003 results.
--	Consolidated fourth quarter operating margin improved to 11.3 percent from 10.8 percent in the fourth quarter of 2003. Full year operating margin of 11.0 percent improved 80 basis points from 10.2 percent in 2003.
--	Cash flows from operations were $1.25 billion for the fourth quarter, bringing full year cash flows from operations to more than $4.1 billion, up 38 percent year-over-year.
--	Medical costs payable, excluding the AARP division of Ovations, increased $1.4 billion or 42 percent year-over-year, standing at $4.6 billion at December 31, 2004. Medical costs days payable, excluding the effects of the operations of the Oxford and MAMSI platforms, were 67 days for the quarter. Reported medical costs days payable were 64 days for the fourth quarter, reflecting the historically lower medical costs days payable of Oxford and MAMSI.
--	During the fourth quarter, the Company realized favorable development of $10 million in its estimates of medical costs incurred in 2003, bringing the full year effect of changes in estimates to $210 million, or less than 1 percent of medical costs. The Company also realized $80 million in favorable development related to estimates of medical costs incurred in the first nine months of 2004, comparable to the $70 million of in-year development realized in the fourth quarter of 2003, with no effect on full year results.
--	During the fourth quarter the Company completed its acquisition of Definity Health Corporation, the national market leader in consumer directed health benefit programs.
--	The Company repurchased 17.7 million shares in the fourth quarter, bringing the full year repurchase total to 51.4 million shares.
--	Fourth quarter 2004 annualized return on equity was 27 percent, with full year return on equity exceeding 31 percent.

    Closing Comment

    "Results for 2004 were excellent, and we enter 2005 in an outstanding position. The growth performance of our businesses is accelerating, our customers are increasingly well served by capabilities facilitated by investments made over the past few years, and we have a new generation of initiatives under way," said Dr. McGuire. "Given this momentum, our challenge remains the realization of the full potential embedded in our businesses, through more fully addressing the breadth of needs in the health care services market and those of the individual consumer.
    "In that regard, we have made significant investments to directly address the strong demand expressed by employers and consumers for different solutions that enable affordable health care access," Dr. McGuire continued. "Not including the more traditional account-based products like flexible spending vehicles, by the end of the first quarter of 2005 we expect to serve a total of 1.25 million people through the latest generation of offerings, including 880,000 using new consumer directed account-based health benefits products. Furthermore, new products will provide 3 million current customers with improved access for non-covered services. We expect a continuing expansion of these programs, and in the number of people they serve, during 2005 and 2006."
    The Company noted that its near term financial performance outlook has strengthened, even as it pursues these broader goals. Earnings per share for 2005 are now expected in the range of $4.75 to $4.80, an increase of 5 cents per share over the Company's most recent view and representing a 21 percent to 22 percent earnings advance over the $3.94 per share earned in 2004.

    UnitedHealthcare

    Ovations

    AmeriChoice

    Business Description - Health Care Services

    The Health Care Services segment consists of the UnitedHealthcare, AmeriChoice and Ovations business units. UnitedHealthcare coordinates network-based health and well-being services on behalf of local employers and consumers. AmeriChoice facilitates and manages health care services for state Medicaid programs and their beneficiaries. Ovations delivers health and well-being services to Americans over the age of 50.

Quarterly and Annual Financial Performance

Three Months Ended Year Ended -------------------------------- --------------------- Dec. 31, Sept. 30, Dec. 31, Dec. 31, Dec. 31, 2004 2004 2003 2004 2003 ---------- ---------- ---------- ---------- ---------- $9.32 $8.71 $6.46 $32.67 $24.81 Revenues billion billion billion billion billion Earnings From $834 $763 $523 $2.81 $1.87 Operations million million million billion billion Operating Margin 8.9% 8.8% 8.1% 8.6% 7.5%

    Key Developments for Health Care Services

--	Fourth quarter 2004 Health Care Services revenues grew $2.9 billion or 44 percent year-over-year to $9.3 billion. Full year revenues increased $7.9 billion or 32 percent to $32.7 billion.
--	Fourth quarter Health Care Services operating earnings of $834 million increased $311 million or 59 percent year-over-year and $71 million or 9 percent sequentially.
--	Fourth quarter operating margin of 8.9 percent expanded 80 basis points year-over-year and 10 basis points sequentially. The full year operating margin of 8.6 percent increased 110 basis points year-over-year.
--	Fourth quarter revenues of $6.4 billion for UnitedHealthcare increased more than $2.3 billion or 57 percent year-over-year.
--	The UnitedHealthcare commercial business brought services to 125,000 more people during the fourth quarter, with strong sales to customers purchasing fee-based benefit administration services. For the year, UnitedHealthcare added 245,000 consumers through internal growth and brought its services to an additional 2.4 million people through geographically focused acquisitions.
--	The full year UnitedHealthcare medical care ratio of 79.0 percent improved 1 percent in 2004 as medical cost trends continued to moderate, due to effective health care facilitation and cost management, efficient benefit designs and the general economic climate.
--	AmeriChoice fourth quarter revenues of $825 million increased $106 million or 15 percent year-over-year and $30 million or 4 percent sequentially. Full year AmeriChoice revenues of $3.1 billion increased 17 percent year-over-year.
--	AmeriChoice grew enrollment by 20,000 in the fourth quarter of 2004, bringing the full year increase to 155,000 individuals or 14 percent. This business now serves nearly 1.3 million people.
--	Ovations fourth quarter revenues of $2.1 billion grew $407 million or 25 percent year-over year. Full year Ovations revenues of $7.6 billion increased more than $1 billion or 16 percent over 2003 results.
--	Evercare's nursing home program has now been designated a Special Needs Plan under the Medicare Modernization Act by the federal government, converting its demonstration project status into a permanent role in caring for the frail elderly.
--	Ovations, in partnership with the Visiting Nurse Service of New York, was awarded a Chronic Care Improvement Program pilot serving two boroughs of New York City. This care management program will specifically address the needs of select seniors with diabetes and/or congestive heart failure.
--	Full year earnings from operations for Ovations increased by approximately 25 percent in 2004 due to overall revenue growth and operating margin expansion.

    Uniprise(R)

    Business Description

    Uniprise delivers network-based health and well-being services, business-to-business transaction processing services, consumer connectivity, and technology support services to large employers and health plans, and provides health-related consumer and financial transaction products and services.

Quarterly and Annual Financial Performance

Three Months Ended Year Ended -------------------------------- --------------------- Dec. 31, Sept. 30, Dec. 31, Dec. 31, Dec. 31, 2004 2004 2003 2004 2003 ---------- ---------- ---------- ---------- ---------- $845 $842 $785 $3.37 $3.11 Revenues million million million billion billion Earnings From $169 $171 $151 $677 $610 Operations million million million million million Operating Margin 20.0% 20.3% 19.2% 20.1% 19.6%

    Key Developments

--	Uniprise revenues increased $60 million or 8 percent over fourth quarter 2003 and $258 million or 8 percent for full year 2004, reaching $845 million and $3.4 billion for the respective periods.
--	Uniprise serves approximately 9.9 million people in the national multilocation employer segment, including consumers served by Definity Health, representing a year-over-year increase of 815,000 people as of December 31, 2004. Uniprise estimates it added 650,000 new consumers in early 2005, consistent with its long-standing goal of increasing market share by at least 1 percentage point per year.
--	The Uniprise fourth quarter operating margin of 20.0 percent increased 80 basis points year-over-year and declined 30 basis points sequentially, as operating earnings grew $18 million year-over-year. Earnings from operations decreased $2 million from third quarter 2004 as a result of seasonal fourth quarter enrollment costs and high levels of plan changes related to 2005 enrollment activities.
--	Full year earnings from operations of $677 million increased $67 million or 11 percent over 2003 results.

    Specialized Care Services

    Business Description

    Specialized Care Services offers a comprehensive array of specialized benefits, networks, services and resources to help consumers improve their health and well-being.

Quarterly and Annual Financial Performance

Three Months Ended Year Ended -------------------------------- --------------------- Dec. 31, Sept. 30, Dec. 31, Dec. 31, Dec. 31, 2004 2004 2003 2004 2003 ---------- ---------- ---------- ---------- ---------- $588 $580 $485 $2.30 $1.88 Revenues million million million billion billion Earnings From $129 $124 $104 $485 $385 Operations million million million million million Operating Margin 21.9% 21.4% 21.4% 21.1% 20.5%

    Key Developments

--	Fourth quarter revenues rose to $588 million, up $103 million or 21 percent year-over-year and $8 million or 1 percent from the third quarter of 2004. Full year revenues of $2.3 billion increased $417 million or 22 percent, reflecting exceptional growth for the 10 businesses within this segment.
--	The Specialized Care Services fourth quarter operating margin of 21.9 percent expanded 50 basis points both sequentially and year-over-year. Similarly, full year operating margin increased 60 basis points to 21.1 percent, as Six Sigma quality and efficiency gains continued to more than offset the business mix shift toward comparatively higher revenue, lower margin service lines.
--	Fourth quarter operating earnings of $129 million increased $25 million or 24 percent year-over-year and $5 million or 4 percent sequentially. Full year earnings grew 26 percent year-over-year to $485 million.

    Ingenix

    Business Description

    Ingenix is an international leader in the field of health care data, analysis and application. Ingenix serves multiple health care market segments on a business-to-business basis, including pharmaceutical companies, health insurers and other payers, physicians and other health care providers, large employers and governments.

Quarterly and Annual Financial Performance

Three Months Ended Year Ended -------------------------------- --------------------- Dec. 31, Sept. 30, Dec. 31, Dec. 31, Dec. 31, 2004 2004 2003 2004 2003 ---------- ---------- ---------- ---------- ---------- $214 $170 $179 $670 $574 Revenues million million million million million Earnings From $56 $34 $32 $129 $75 Operations million million million million million Operating Margin 26.2% 20.0% 17.9% 19.3% 13.1%

    Key Developments

--	Ingenix fourth quarter revenues increased $35 million or 20 percent year-over-year and $44 million or 26 percent sequentially, to $214 million in the fourth quarter of 2004. Advances were driven by the seasonal pick-up for Ingenix syndicated content products and software and a year-over-year increase in pharmaceutical services revenues.
--	Insurance companies, employers and other benefits payers executed significant fourth quarter purchases of proprietary Ingenix technology, including major orders for Symmetry analytic software for disease and condition identification, significant purchases of PowerTrak medical bill adjudication automation software, and strong orders for advanced claims editing systems. Ingenix also had strong sales for its ClaimsManager software packages that enable health delivery systems to optimize their billing efficiency.
--	On a full year basis, Ingenix grew revenues by $96 million or 17 percent over 2003 results, led by strong broad-based growth in its health informatics offerings.
--	Ingenix operating earnings increased $24 million or 75 percent year-over-year and $22 million or 65 percent on a sequential quarter basis. Full year operating earnings increased $54 million or 72 percent as operating margin expanded more than 6 percentage points to 19.3 percent. Exceptional earnings leverage from both improving performance on pharmaceutical services and strong contributions from data, software and informatics products provided the year-over-year and sequential earnings gains.

    About UnitedHealth Group

    UnitedHealth Group (www.unitedhealthgroup.com) is a diversified health and well-being company that provides a broad spectrum of resources and services to help people improve their health and well-being through all stages of life. Consolidated UnitedHealth Group operating results include the operating performance of the Company's four reportable business segments - Health Care Services (which includes the results of UnitedHealthcare, AmeriChoice and Ovations), Uniprise, Specialized Care Services and Ingenix.

    Forward-Looking Statements

    This news release may contain statements, estimates or projections that constitute "forward-looking" statements as defined under U.S. federal securities laws. Generally the words "believe," "expect," "intend," "estimate," "anticipate," "project," "will" and similar expressions identify forward-looking statements, which generally are not historical in nature. By their nature, forward-looking statements are subject to risks and uncertainties that could cause actual results to differ materially from our historical experience and our present expectations or projections. A list and description of some of the risks and uncertainties can be found in our reports filed with the Securities and Exchange Commission from time to time, including our annual reports on Form 10-K, quarterly reports on Form 10-Q and current reports on Form 8-K. You should not place undue reliance on forward-looking statements, which speak only as of the date they are made. Except to the extent otherwise required by federal securities laws, we do not undertake to publicly update or revise any forward-looking statements.

    Earnings Conference Call

    As previously announced, UnitedHealth Group will discuss the Company's results, strategy and future outlook on a conference call with investors at 8:45 a.m. Eastern time today. UnitedHealth Group will host a live webcast of this conference call from the Investor Information page of the Company's Web site (www.unitedhealthgroup.com). The webcast replay of the call will be available on the same site for one week following the live call. The conference call replay can also be accessed by dialing 1-800-642-1687, conference ID # 2952732. This earnings release and the Form 8-K dated January 20, 2005, which may also be accessed in the Investor Information section of the Company's Web site, include a reconciliation of non-GAAP financial measures.

UNITEDHEALTH GROUP

Earnings Release Schedules and Supplementary Information Quarter Ended December 31, 2004

- Consolidated Statements of Operations

- Condensed Consolidated Balance Sheets

- Condensed Consolidated Statements of Cash Flows

- Segment Financial Information

- Customer Profile Summary

UNITEDHEALTH GROUP CONSOLIDATED STATEMENTS OF OPERATIONS (in millions, except per share data) (unaudited)

Three Months Ended Year Ended December 31, December 31, ------------------- -------------------

2004 2003 2004 2003 --------- --------- --------- --------- REVENUES Premiums $9,510 $6,657 $33,495 $25,448 Services 891 789 3,335 3,118 Investment and Other Income 110 77 388 257 --------- --------- --------- ---------

Total Revenues 10,511 7,523 37,218 28,823 --------- --------- --------- ---------

COSTS Medical Costs 7,625 5,381 27,000 20,714 Operating Costs 1,592 1,255 5,743 4,875 Depreciation and Amortization 106 77 374 299 --------- --------- --------- ---------

Total Costs 9,323 6,713 33,117 25,888 --------- --------- --------- ---------

EARNINGS FROM OPERATIONS 1,188 810 4,101 2,935

Interest Expense (42) (24) (128) (95) --------- --------- --------- ---------

EARNINGS BEFORE INCOME TAXES 1,146 786 3,973 2,840

Provision for Income Taxes (407) (279) (1,386) (1,015) --------- --------- --------- ---------

NET EARNINGS $739 $507 $2,587 $1,825 ========= ========= ========= =========

BASIC NET EARNINGS PER COMMON SHARE $1.14 $0.87 $4.13 $3.10 ========= ========= ========= =========

DILUTED NET EARNINGS PER COMMON SHARE $1.09 $0.83 $3.94 $2.96 ========= ========= ========= =========

Diluted Weighted-Average Common Shares Outstanding 679 609 656 617 ========= ========= ========= =========

UNITEDHEALTH GROUP CONDENSED CONSOLIDATED BALANCE SHEETS (in millions) (unaudited)

December 31, December 31, 2004 2003 ------------ ------------

ASSETS Cash and Short-Term Investments $4,505 $2,748 Accounts Receivable, net 906 745 Other Current Assets 2,830 2,627 ------------ ------------ Total Current Assets 8,241 6,120

Long-Term Investments 7,748 6,729 Other Long-Term Assets 11,890 4,785 ------------ ------------

Total Assets $27,879 $17,634 ============ ============

LIABILITIES AND SHAREHOLDERS' EQUITY Medical Costs Payable $5,540 $4,152 Commercial Paper and Current Maturities of Long-Term Debt 673 229 Other Current Liabilities 5,116 4,387 ------------ ------------

Total Current Liabilities 11,329 8,768

Long-Term Debt, less current maturities 3,350 1,750 Future Policy Benefits for Life and Annuity Contracts 1,669 1,517 Deferred Income Taxes and Other Liabilities 814 471 Shareholders' Equity 10,717 5,128 ------------ ------------

Total Liabilities and Shareholders' Equity $27,879 $17,634 ============ ============

------------------------------------------------------------------- The table below summarizes certain balance sheet data excluding AARP related amounts. December 31, December 31, 2004 2003 ------------ ------------ Accounts Receivable, net $517 $393 Other Current Assets $947 $668 Other Current Liabilities $3,743 $2,950 Medical Costs Payable $4,641 $3,278 Days Medical Costs in Medical Costs Payable 67(a) 68 -------------------------------------------------------------------

(a) For comparability purposes, amount excludes the impact of Oxford Health Plans, Inc. which was acquired on July 29, 2004, and Mid-Atlantic Medical Services, Inc. which was acquired on February 10, 2004.

UNITEDHEALTH GROUP CONDENSED CONSOLIDATED STATEMENTS OF CASH FLOWS (in millions) (unaudited)

Year Ended December 31, ------------------------- 2004 2003 ------------ ------------ Operating Activities Net Earnings $2,587 $1,825 Noncash Items: Depreciation and amortization 374 299 Deferred income taxes and other 125 91 Net changes in operating assets and liabilities 1,049 788 ------------ ------------ Cash Flows From Operating Activities 4,135 3,003 ------------ ------------

Investing Activities Cash paid for acquisitions, net of cash assumed (2,225) (590) Purchases of property, equipment and capitalized software (350) (352) Net sales and maturities/(purchases) of investments 776 197 ------------ ------------ Cash Flows Used For Investing Activities (1,799) (745) ------------ ------------

Financing Activities Common stock repurchases (3,446) (1,607) Net change in commercial paper and debt 2,044 218 Other, net 640 263 ------------ ------------ Cash Flows Used For Financing Activities (762) (1,126) ------------ ------------

Increase in cash and cash equivalents 1,574 1,132 Cash and cash equivalents, beginning of period 2,262 1,130 ------------ ------------ Cash and cash equivalents, end of period $3,836 $2,262 ============ ============

Supplemental Schedule of Noncash Investing Activities: Common Stock Issued for Acquisitions $5,557 $-

UNITEDHEALTH GROUP SEGMENT FINANCIAL INFORMATION (in millions) (unaudited)

REVENUES -------------------------------

Three Months Ended Year Ended December 31, December 31, ------------------ ------------------- 2004 2003 2004 2003 --------- -------- --------- ---------

UnitedHealthcare $6,431 $4,084 $21,950 $15,585 Ovations 2,067 1,660 7,602 6,548 AmeriChoice 825 719 3,121 2,674 --------- -------- --------- --------- Health Care Services 9,323 6,463 32,673 24,807 Uniprise 845 785 3,365 3,107 Specialized Care Services 588 485 2,295 1,878 Ingenix 214 179 670 574 Corporate and eliminations (459) (389) (1,785) (1,543) --------- -------- --------- ---------

Total Consolidated $10,511 $7,523 $37,218 $28,823 ========= ======== ========= =========

EARNINGS FROM OPERATIONS -------------------------------

Three Months Ended Year Ended December 31, December 31, ------------------ ------------------- 2004 2003 2004 2003 --------- -------- --------- ---------

Health Care Services $834 $523 $2,810 $1,865 Uniprise 169 151 677 610 Specialized Care Services 129 104 485 385 Ingenix 56 32 129 75 --------- -------- --------- --------- Total Consolidated $1,188 $810 $4,101 $2,935 ========= ======== ========= =========

UNITEDHEALTH GROUP CUSTOMER PROFILE SUMMARY (in thousands) (unaudited)

December September June December Customer Profile 2004 2004 2004 2003 -------------------------- ---------- ---------- ---------- ----------

Commercial Businesses Risk-based 10,820 10,595 9,345 8,360 Fee-based 15,525 15,265 15,120 14,110

Governments Federal 1,420 1,380(a) 4,140 4,325 State and municipal 5,615 5,510 5,385 5,035

Consumers 1,455 1,450 1,200 1,190

Business-to-Business Partners 19,005 19,025 19,260 17,440 ---------- ---------- ---------- ----------

Grand Total 53,840 53,225 54,450 50,460 ========== ========== ========== ==========

(a) Department of Defense (DOD) contract for Optum Nurseline Services involving 2.8 million members and $11 million in annual revenue is now managed directly by the DOD.

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Supplemental Segment December September June December Profile - Health Care 2004 2004 2004 2003 Services and Uniprise ---------- ---------- ---------- ---------- Health Care Services: Risk-based commercial 7,655 7,635 6,225 5,400 Fee-based commercial 3,305 3,200 3,060 2,895 Medicare 330 315 240 230 Medicaid 1,260 1,240 1,230 1,105 ---------- ---------- ---------- ---------- Total Health Care Services 12,550 12,390 10,755 9,630 ========== ========== ========== ==========

Uniprise 9,875(a) 9,565 9,520 9,060 ========== ========== ========== ==========

(a) Includes 315,000 individuals served in connection with the December 2004 acquisition of Definity Health Corporation. ----------------------------------------------------------------------

--30--CR/ms*

CONTACT: UnitedHealth Group, Minneapolis John S. Penshorn, 952-936-7214 or Patrick J. Erlandson, 952-936-5901

KEYWORD: MINNESOTA INDUSTRY KEYWORD: MEDICAL DEVICES PHARMACEUTICAL MEDICAL BIOTECHNOLOGY INSURANCE CONFERENCE CALLS EARNINGS SOURCE: UnitedHealth Group

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