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UnitedHealth, Anthem Humana profits surge

Posted On: May. 10, 2021 10:08 AM CST

U.S. health insurance firms have reported billions in profits in the first quarter of the year, as small healthcare providers suffer from financial stress and majority of Americans struggle to cover health costs, The Guardian reports. In the first quarter, UnitedHealth Group Inc. saw a 44% year-on-year increase to $4.9 billion, while Anthem Inc. enjoyed a 9.5% year-on-year increase to $1.67 billion and Humana Inc. logged 75% year-on-year increase to $828 million.

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