Company Profile
UnitedHealth Group
Company Overview
At UnitedHealth Group, we are a healthy business in more ways than one. We are a Fortune 100 company identified as the first or second most admired company in the health care industry by rankings published in Fortune magazine since 1995. We also have the privilege each day – directly or indirectly – to make a significant difference in someone's life. Sound like a rare combination? It is. Join us and you’ll be inspired to discover your own mix of professional advantages and personal rewards.
Company History
Since its inception, UnitedHealth Group and its affiliated companies have led the marketplace by introducing key innovations that make health care services more accessible and affordable for customers, improve the quality and coordination of health care services, and help individuals and their physicians make more informed health care decisions.
Time Line of Selected Corporate Highlights and Innovations
1974
Charter Med Incorporated is founded by a group of physicians and other health care professionals who want to expand health coverage options for consumers.
1977
United HealthCare Corporation is created and acquires Charter Med Incorporated.
1979
United HealthCare Corporation introduces the first network-based health plan for seniors and participates in the earliest experiments with offering private-market alternatives for Medicare.
1984
United HealthCare Corporation becomes a publicly traded company.
1988
United HealthCare incorporates the first pharmacy benefits management company, Diversified Pharmaceutical Services Inc.
1989
William W. McGuire, M.D., assumes leadership of the company. Annual revenues are just over $400 million.
1992
United HealthCare is the first company to produce a Report Card on health care access, quality and cost measures.
1994
Diversified Pharmaceutical Services Inc. is sold to SmithKline Beecham Corporation for $2.3 billion.
1995
The company acquires The MetraHealth Companies Inc. for $1.65 billion. MetraHealth is a privately held company that was formed by combining the group health care operations of The Travelers Insurance Company and Metropolitan Life Insurance Company.
1996
The company's patented artificial intelligence system AdjudiPro®, which is entered into the permanent research collection of the Smithsonian Institution, is awarded the CIO Enterprise Value Award.
1998
United HealthCare Corporation becomes known as UnitedHealth Group and launches a strategic realignment into independent but strategically linked business segments — UnitedHealthcare, Ovations, Uniprise, Specialized Care Services and Ingenix.
The first release of Clinical Profiles(sm) takes place. Clinical Profiles, produced by Ingenix, provides network physicians with data comparing their clinical practices to nationally accepted benchmarks for care.
1999
UnitedHealthcare introduces Care Coordination(sm), which eliminates prior authorizations and channels those resources into consumer and physician outreach for people who will benefit most from coordinating fragmented care delivery resources.
2000
UnitedHealthcare launches myuhc.com®, which enables individual customers to order ID cards, check the status of claims, and access relevant health information online.
2001
UnitedHealthcare uses Web-enabled technology to simplify and improve service for physicians, enabling them to check benefit eligibility for patients and submit and review claims. The company also launches a Web-based distribution portal to serve small business brokers.
2002
Ingenix continues to introduce new knowledge and information products - including Parallax i™, iCES™ and the Galaxy clinical database - that help clients gain clinical and financial insights and improve the quality of health care delivery and administration.
2003
Uniprise introduces electronic medical ID cards that use magnetic stripe technology and the MasterCard® system and network to make it easy to verify patient eligibility and benefits in seconds.
2004
UnitedHealth Group launches iPlan® HSA, a product that integrates a high-deductible health plan with a health savings account, for employer groups. The product is offered through the company's UnitedHealthcare and Uniprise businesses. Golden Rule, a subsidiary of UnitedHealthcare, offers HSAs to individuals.
2005
Ingenix is selected by the FDA for drug safety monitoring and support. The Ingenix program includes extensive data resources and analytic capabilities to help the FDA accelerate the identification and assessment of issues and potential risks related to pharmaceutical agents.
Notable Accomplishments / Recognition
For more information, please visit www.unitedhealthgroup.com
Benefits
UnitedHealth Group stands out as a company that strives to provide its employees with all that they need to succeed at work and in life. That's why we provide you with a wide range of benefits to choose from - choices that give you the flexibility and control to tailor your benefits to your individual needs.
For more information about the UnitedHealth Group Benefits here in the United States, http://www.unitedhealthgroup.com/careers/offer/interview-brochure.pdf
Employee benefits vary by country. This information briefly highlights the benefits programs generally available to eligible regular, full-time and eligible regular, part-time employees of UnitedHealth Group who are not covered by other agreements. These are general summaries; you will receive more detailed information during the interview process. If there is a discrepancy among these summaries, any other employee communications and the official plan documents, the official plan documents will govern.