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News  ›  Benzinga

UnitedHealth's $4.3 Billion Profit Fueled By 'Generosity Of Uncle Sam,' Says Healthcare Activist: Government Drives 78% Of Health Plan Revenue

Benzinga Logo Benzinga By Vishaal Sanjay
UnitedHealth's $4.3 Billion Profit Fueled By 'Generosity Of Uncle Sam,' Says Healthcare Activist: Government Drives 78% Of Health Plan Revenue

UnitedHealth reported $113 billion in revenue and $4.3 billion profit in Q3, with healthcare activist Wendell Potter criticizing the company's heavy reliance on government funding, which comprises 78% of its health plan revenues.

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Mixed performance with strong financial results but criticized for high government dependency and potential self-dealing practices