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UnitedHealth Tops Views, Boosts Outlook

The Minnetonka, Minn., company now expects adjusted earnings for the year of about $8 a share compared with its previous forecast of $7.80 to $7.95 a share.

The health-care delivery businesses drove growth at Optum, its health-services unit, where revenue rose 9% to $21.1 billion. The business has benefited from UnitedHealth’s acquisition of pharmacy-benefit managerCatamaran Corp., which was completed in July 2015.

Meanwhile, the insurer’s medical-cost ratio—the percentage of premiums paid in...


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