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The past couple of years have been rough for those in the health care industry… well, not everyone. While health care workers suffered from long hours and burnout and health systems’ business plans were upended, health insurers appear to have emerged from the turmoil unscathed.
UnitedHealth in particular continues to report strong earnings, driven in large part by its pharmacy benefits management arm, Optum. Profits in 2021 rose to $17.3 billion, up from $15.4 billion in 2020 and $13.9 billion in 2019. How does that compare to other major health insurers’ performance? Fierce Healthcare recently dove into earnings reports to break down the numbers, which we’ve compiled for you below.
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Emily Payne is managing editor at BenefitsPRO. A Wisconsin native, she spent the past eight years writing and editing for various athletic and fitness publications. She holds an English degree and Business certificate from the University of Wisconsin.
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