Healthcare Finance News January 16, 2025
CEO Andrew Witty promises to pass through 100% of drug rebates to consumers and wants see other companies do the same.
UnitedHealth Group’s 2024 revenues hit $400.3 billion in 2024 – a 6% year-over-year increase – and full-year earnings from operations were $32.3 billion.
CEO Andrew Witty attributed much of this performance to a strong showing from pharmacy benefit manager OptumRx.
“Pharmacy benefit managers play a vital role in keeping those prices down,” said Witty during Thursday’s Q4 earnings call. “OptumRx alone delivers tens of billions of dollars in savings annually.”
During the call, Witty promised to pass through 100% of drug rebates to consumers and said he wants to see other companies do the same. UnitedHealth currently passes through...
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