UnitedHealth Group’s second-quarter earnings soared as the nation’s largest insurer dove deeper into government-funded health coverage like Medicare and Medicaid and continued to distance itself from the turbulent Affordable Care Act insurance exchanges.
The insurer also said Tuesday that it drew $1.52 billion in operating earnings from its rapidly growing Optum business, which doesn’t sell health insurance.The latest Republican push to dismantle and replace the Affordable Care Act collapsed Monday in the Senate, more than a year after UnitedHealth said it had had enough of that market.
