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CLAIM #58646 · UnitedHealth Group Incorporated (UNH) · 2023Q3 earnings call · Oct 13, 2023 · due Dec 31, 2024

So as ‘24 begins, we expect to grow to serve an additional 1 million people with commercial benefits.

John Rex · CFO

PENDING
graded after results covering Dec 31, 2024 are reported

In context

ing $29 billion, driven by the strength in our pharmacy care services offerings, as well as new customer wins. Script growth of nearly 7% reflects customer response to our innovative solutions, which focus on choice and lowest net cost. OptumInsight revenues grew by 35% to $5 billion. Revenue backlog of over $31 billion increased by more than $7 billion, in part due to the change healthcare combination. In addition, we recently announced a partnership to provide revenue cycle, analytics, and information technology services to a health system serving more than 400,000 people in the Midwest. Turning to UnitedHealthcare, our commercial business added nearly 700,000 people through the third quarter. Further, selling season indications are tracking favorably, particularly in national accounts. So as ‘24 begins, we expect to grow to serve an additional 1 million people with commercial benefits. Within our public sector programs, we expect growth of nearly 1 million Medicare Advantage members this year. And looking to the year ahead, we're encouraged by the consumer value, stability, and breadth of our offerings. And as always, we start with an expectation that we will outpace overall market growth. Our Medicaid performance remains strong as we support people and families through the redeterminations process. Our teams are really leaning in, speaking with 1,000s of consumers each day. Through a comprehensive Outreach Program, we are helping people navigate the process and connecting them with the resources they need to retain or reinstate their health benefits or to help them find other affordable coverages. A significant majority of the people we engage with are able to retain o

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SEC filings for UNH · Claim quote is verbatim from the 2023Q3 earnings call.