UnitedHealth Group on Thursday named Tim Noel, the head of its Medicare business, to the top job at its health insurance business, a month after the unit’s former CEO Brian Thompson was killed. Noel will take charge at UnitedHealthcare, the largest U.S. health insurer that provides benefits to more than 50 million Americans, at a critical moment.
UnitedHealth Group reported $14.4 billion in 2024 profits as its UnitedHealthcare health insurance and Optum provider services overcame rising costs and a cyberattack.
UnitedHealth Group has quietly but significantly scaled back its MedExpress urgent care business, with just 19 locations operating across the country — down from more than 150 locations in 2022. The move was not formally announced as word spread in October of divestitures in Delaware and Pennsylvania.
UnitedHealth Group Inc. promoted the head of its Medicare health plan business to lead the company’s broader insurance division, filling the job previously held by slain executive Brian Thompson. Tim Noel,
The health insurance provider has named Tim Noel, the head of its Medicare business, to take over from Brian Thompson.
In its first results since its insurance unit CEO was fatally shot in New York City, UnitedHealth Group reported Thursday weaker-than-expected fourth-quarter revenue, prompting its shares to fall in early morning trading despite quarterly profit beating projections.
UnitedHealth reported fourth-quarter results on Thursday that reflected persistent challenges for the health insurance sector.
UnitedHealth Group will promote one of its top insurance executives to replace Brian Thompson, the slain CEO of its UnitedHealthcare arm.
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UnitedHealth Group said on Thursday it has appointed Tim Noel, the head of its Medicare business, to replace late CEO Brian Thompson as the head of its insurance unit.