United Healthcare 2012 Annual Report Download - page 49

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The following table presents reportable segment financial information:
For the Years Ended December 31,
Increase/
(Decrease)
Increase/
(Decrease)
(in millions, except percentages) 2012 2011 2010 2012 vs. 2011 2011 vs. 2010
Revenues
UnitedHealthcare ...................... $103,419 $ 95,336 $ 88,730 $8,083 8% $6,606 7%
OptumHealth ......................... 8,147 6,704 4,565 1,443 22 2,139 47
OptumInsight ......................... 2,882 2,671 2,342 211 8 329 14
OptumRx ............................ 18,359 19,278 16,724 (919) (5) 2,554 15
Total Optum ........................ 29,388 28,653 23,631 735 3 5,022 21
Eliminations .......................... (22,189) (22,127) (18,206) 62 — 3,921 22
Consolidated revenues .................. $110,618 $101,862 $ 94,155 $8,756 9% $7,707 8%
Earnings from operations
UnitedHealthcare ...................... $ 7,815 $ 7,203 $ 6,740 $ 612 8% $ 463 7%
OptumHealth ......................... 561 423 511 138 33 (88) (17)
OptumInsight ......................... 485 381 84 104 27 297 354
OptumRx ............................ 393 457 529 (64) (14) (72) (14)
Total Optum ........................ 1,439 1,261 1,124 178 14 137 12
Consolidated earnings from operations ..... $ 9,254 $ 8,464 $ 7,864 $ 790 9% $ 600 8%
Operating margin
UnitedHealthcare ...................... 7.6% 7.6% 7.6% — % — %
OptumHealth ......................... 6.9 6.3 11.2 0.6 (4.9)
OptumInsight ......................... 16.8 14.3 3.6 2.5 10.7
OptumRx ............................ 2.1 2.4 3.2 (0.3) (0.8)
Total Optum ........................ 4.9 4.4 4.8 0.5 (0.4)
Consolidated operating margin ........... 8.4% 8.3% 8.4% 0.1% (0.1)%
UnitedHealthcare
The following table summarizes UnitedHealthcare revenue by business:
For the Years Ended December 31,
Increase/
(Decrease)
Increase/
(Decrease)
(in millions, except percentages) 2012 2011 2010 2012 vs. 2011 2011 vs. 2010
UnitedHealthcare Employer & Individual ......... $ 46,596 $45,404 $42,550 $1,192 3% $2,854 7%
UnitedHealthcare Medicare & Retirement (a) ...... 39,257 34,933 33,018 4,324 12 1,915 6
UnitedHealthcare Community & State (a) ......... 16,422 14,954 13,123 1,468 10 1,831 14
UnitedHealthcare International ................. 1,144 45 39 1,099 nm 6 15
Total UnitedHealthcare revenue .............. $103,419 $95,336 $88,730 $8,083 8% $6,606 7%
nm = not meaningful
(a) In the fourth quarter of 2012, UnitedHealthcare reclassified 75,000 dually eligible enrollees to
UnitedHealthcare Community & State from UnitedHealthcare Medicare & Retirement to better reflect how
these members are served. Earlier periods presented have been conformed to reflect this change.
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