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UNITEDHEALTH GROUP

(UNH)
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United Health Foundation : Donates $1 Million to Support Residents of Louisiana Affected by Hurricane Ida

09/02/2021 | 10:07am EDT

Company is also helping affected members access care, early prescription refills

The United Health Foundation, the philanthropic foundation of UnitedHealth Group (NYSE:UNH) – the parent company of UnitedHealthcare and Optum – announced today a $1 million donation to help Louisiana residents recover and rebuild following the devastating impact of Hurricane Ida.

This press release features multimedia. View the full release here: https://www.businesswire.com/news/home/20210902005537/en/

Additional supporting material: Quotes from Community Organizations and Recipients

Additional supporting material: Quotes from Community Organizations and Recipients

The funds will be distributed among four community-based organizations that are helping local residents with immediate needs, as well as supporting longer-term recovery and rebuilding efforts:

  • $200,000 to the Bayou Community Foundation to provide emergency support.
  • $200,000 to Second Harvest Food Bank of Greater New Orleans and Acadiana to provide food and water.
  • $300,000 to the Baton Rouge Area Foundation to address immediate needs and support longer-term recovery needs.
  • $300,000 to the Greater New Orleans Foundation to provide emergency food and water, as well as to support rebuilding efforts.

“Hurricane Ida caused significant devastation and affected the lives of thousands of people across Louisiana,” said John Bel Edwards, governor of Louisiana. “We are grateful for the United Health Foundation’s quick response and commitment to the people of Louisiana as we start to recover and rebuild from this hurricane.”

“We are deeply concerned for the people in Louisiana who have been affected by Hurricane Ida and are committed to helping these communities recover and rebuild,” said Christine O’Brien, executive director of UnitedHealthcare of Louisiana. “Many of these communities also continue to deal with ongoing challenges related to the COVID-19 pandemic, making this an especially difficult time for those who have been affected by the hurricane.”

UnitedHealth Group has also taken steps to support its members, patients and employees in the affected area. Members can access care and early prescription refills, and have the ability to conduct a Virtual Visit with a doctor* through the UnitedHealthcare smartphone app. In addition, the company has opened a free emotional-support help line to help people who might be affected. The Optum Emotional Support Help Line is free of charge to anyone in the community and is available toll free at 866-342-6892, 24 hours a day, seven days a week.

For employees who may have been directly affected, UnitedHealth Group is providing financial support through the company’s employee assistance fund.

About UnitedHealth Group

UnitedHealth Group (NYSE: UNH) is a diversified health care company dedicated to helping people live healthier lives and helping to make the health system work better for everyone. UnitedHealth Group offers a broad spectrum of products and services through two distinct platforms: UnitedHealthcare, which provides health care coverage and benefits services; and Optum, which provides information and technology-enabled health services. For more information, visit UnitedHealth Group at www.unitedhealthgroup.com or follow @UnitedHealthGrp on Twitter.

*Additional out-of-pocket costs may be required for telemedicine services depending on the plan and any applicable state requirements.


ę Business Wire 2021
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Financials (USD)
Sales 2021 286 B - -
Net income 2021 17 124 M - -
Net Debt 2021 22 845 M - -
P/E ratio 2021 23,9x
Yield 2021 1,29%
Capitalization 404 B 404 B -
EV / Sales 2021 1,49x
EV / Sales 2022 1,36x
Nbr of Employees 330 000
Free-Float 99,4%
Chart UNITEDHEALTH GROUP
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UnitedHealth Group Technical Analysis Chart | UNH | US91324P1021 | MarketScreener
Technical analysis trends UNITEDHEALTH GROUP
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Income Statement Evolution
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Mean consensus BUY
Number of Analysts 27
Last Close Price 428,07 $
Average target price 469,76 $
Spread / Average Target 9,74%
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Managers and Directors
Andrew Philip Witty Chief Executive Officer & Director
Dirk C. McMahon President & Chief Operating Officer
John Franklin Rex Chief Financial Officer & Executive Vice President
Stephen J. Hemsley Chairman
Richard J. Migliori Chief Medical Officer & EVP-Medical Affairs
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