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4-Traders Homepage  >  Equities  >  Nyse  >  UnitedHealth Group Inc    UNH

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UnitedHealth Group Inc. : UnitedHealthcare Hosts Meetings across Rhode Island to Educate Medicare Beneficiaries about Their Health Care Options

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04/25/2012 | 02:15pm CEST

Community meetings designed to help baby boomers and other Medicare beneficiaries understand the basics of Medicare and make informed health care decisions

UnitedHealthcare will host a series of community meetings across Rhode Island to help baby boomers and other Medicare beneficiaries better understand the Medicare program so they can make confident health care choices.

Every day for the next decade, 10,000 boomers will turn 65 and become eligible for Medicare, bringing tremendous growth to the country's largest health insurance program. In Rhode Island, 188,000 baby boomers will turn 65 this year. The UnitedHealthcare community meetings will help these newly eligible individuals and other Medicare beneficiaries learn about their Medicare options.

"Our goal is to help people enrolling in Medicare for the first time or making changes to their coverage feel more comfortable and secure in the process," said Steve King, regional vice president of UnitedHealthcare Medicare & Retirement in Rhode Island. "By holding meetings in convenient neighborhood locations across Rhode Island, we hope to make it easier for people to get the information they need to make an informed decision regarding their health care coverage."

At the meetings, local licensed sales agents who understand the community and the needs of local beneficiaries will present information about the basics of Medicare, including the different parts of the program, eligibility requirements and enrollment windows. An overview of UnitedHealthcare Medicare Advantage plans available in Rhode Island will also be presented. Attendees will have an opportunity to ask questions about their coverage options and how to find coverage in their community that best meets their health and financial needs.

Monthly meetings will be held in seven cities across Rhode Island through June:

  • Hilton Garden Inn Providence Airport, 1 Thurber St., Warwick; second Thursday of each month at 11 a.m.
  • Wyndham Garden Providence, 220 India St., Providence; last Tuesday of each month at 1 p.m.
  • Best Western Newport, 151 Admiral Kalbfus Road, Newport; first Wednesday of each month at 2 p.m.
  • Westerly Senior Center, 39 State St., Westerly; second Wednesday of each month at 2 p.m.
  • Ivy Garden, 272 Cowesett Ave., West Warwick; second Tuesday of each month at 2 p.m.
  • Courtyard by Marriott, 636 George Washington Highway, Lincoln; first Tuesday of each month at 10 a.m. (excluding May 1)
  • Jacky's Galaxie, 383 Metacom Ave., Bristol; first Tuesday of each month at 2 p.m. (excluding May 1)

More than 60,000 Rhode Island beneficiaries are enrolled in UnitedHealthcare Medicare plans. Members enrolled in UnitedHealthcare Medicare Advantage plans have access to a care provider network of 13 hospitals and more than 3,600 physicians and other health care professionals statewide. With more than 10 million members enrolled in its plans nationwide, UnitedHealthcare is the largest business dedicated to meeting the health and well-being needs of seniors and other Medicare beneficiaries.

For more information about Medicare, beneficiaries can visit www.Medicare.gov or MedicareMadeClear.com, "like" Medicare Made Clear on Facebook or follow @MedicareClear on Twitter. More information about UnitedHealthcare Medicare plans can be found at www.UHCMedicareSolutions.com.

About UnitedHealthcare
UnitedHealthcare is dedicated to helping people nationwide live healthier lives by simplifying the health care experience, meeting consumer health and wellness needs, and sustaining trusted relationships with care providers. The company offers the full spectrum of health benefit programs for individuals, employers and Medicare and Medicaid beneficiaries, and contracts directly with more than 650,000 physicians and care professionals and 5,000 hospitals nationwide. UnitedHealthcare serves more than 38 million people and is one of the businesses of UnitedHealth Group (NYSE: UNH), a diversified Fortune 50 health and well-being company.

Plan is insured or covered by UnitedHealthcare Insurance Company or one of its affiliates, a Medicare Advantage organization with a Medicare contract.

A sales person will be present with information and applications. For accommodation of persons with special needs at sales meetings, please call 1-877-486-2048, TTY 711.

Sarah Bearce, 952-931-4732

© Business Wire 2012
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Financials ($)
Sales 2016 183 982 M
EBIT 2016 13 054 M
Net income 2016 7 120 M
Debt 2016 18 496 M
Yield 2016 1,47%
P/E ratio 2016 19,69
P/E ratio 2017 17,10
EV / Sales 2016 0,85x
EV / Sales 2017 0,78x
Capitalization 138 449 M
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Mean consensus OUTPERFORM
Number of Analysts 26
Average target price 165 $
Spread / Average Target 13%
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Stephen J. Hemsley Chief Executive Officer & Director
David Scott Wichmann President
Richard T. Burke Non-Executive Chairman
John Franklin Rex Chief Financial Officer
Richard J. Migliori Chief Medical Officer & EVP-Medical Affairs
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