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UnitedHealth 2Q profit surges as ACA participation shrinks

By Associated Press  |  July 19, 2017

UnitedHealth Group's second-quarter earnings soared as the nation's largest insurer dove deeper into government-funded health coverage like Medicare and Medicaid and continued to distance itself from the turbulent Affordable Care Act insurance exchanges.The insurer also said Tuesday that it drew $1.52 billion in operating earnings from its rapidly growing Optum business, which doesn't sell health insurance.

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