UnitedHealth Group (UnitedHealth Group) Medical Loss Ratio % : 84.30% (As of Mar. 2024)

UnitedHealth Group Medical Loss Ratio % Chart

UnitedHealth Group Annual Data
	Trend	Dec19	Dec20	Dec21	Dec22	Dec23
Medical Loss Ratio %		Get a 7-Day Free Trial

UnitedHealth GroupQuarterly Data
	Trend	Jun19	Sep19	Dec19	Mar20	Jun20	Sep20	Dec20	Mar21	Jun21	Sep21	Dec21	Mar22	Jun22	Sep22	Dec22	Mar23	Jun23	Sep23	Dec23	Mar24
Medical Loss Ratio %		Get a 7-Day Free Trial

Competitive Comparison of UnitedHealth Group's Medical Loss Ratio %

For the Healthcare Plans subindustry, UnitedHealth Group's Medical Loss Ratio %, along with its competitors' market caps and Medical Loss Ratio % data, can be viewed below:

* Competitive companies are chosen from companies within the same industry, with headquarter located in same country, with closest market capitalization; x-axis shows the market cap, and y-axis shows the term value; the bigger the dot, the larger the market cap. Note that "N/A" values will not show up in the chart.

UnitedHealth Group  (NYSE:UNH) Medical Loss Ratio % Explanation

Medical Loss Ratio % is the percentage of the insurance premium that insurers use to pay for medical claims and activities that improve the quality of care. For example, if an insurer uses 80 cents out of every premium dollar to pay its customers' medical claims and activities that improve the quality of care, the company has a Medical Loss Ratio % of 80%.

Medical claims are medical bills submitted to health insurance carriers and other insurance providers for services rendered to patients by care providers. When you go to the doctor, hospital or other provider, your service generates a bill. This bill then becomes a medical claim to your insurance carrier to process for payment.

Quality of care involves activities such as engaging and involving the patient, so the patient takes ownership in preventive care and in the treatment of diagnosed conditions.

UnitedHealth Group Medical Loss Ratio % Related Terms

Thank you for viewing the detailed overview of UnitedHealth Group's Medical Loss Ratio % provided by GuruFocus.com. Please click on the following links to see related term pages.

UnitedHealth Group (UnitedHealth Group) Business Description