The health insurer reported approximately $32.76 billion in total revenues for the three months ended Sept. 30, compared with $30.62 billion in the third quarter of 2013. Medical utilization remained restrained, and UnitedHealth’s consolidated medical care ratio dropped 90 basis points year-over-year to 79.7 percent during the third quarter.
Based on the third-quarter results, UnitedHealth now expects 2014 net earnings in the range of $5.60 to $5.65 per share, up from its previous estimate of $5.50 to $5.60 per share.
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