-

UnitedHealth Group Commits Initial $50 Million to Combat COVID-19 and Support Affected Communities

  • Initial investment will assist those most directly impacted, including health care workers, seniors, and people experiencing food insecurity and homelessness
  • Funding will also aid hard-hit states, including New York, New Jersey, Washington, California, Florida and other states as the virus spreads across America
  • UnitedHealth Group, UnitedHealthcare and Optum continue to mobilize resources, expertise and workforce to address COVID-19 crisis

MINNETONKA, Minn.--(BUSINESS WIRE)--UnitedHealth Group (NYSE: UNH) will invest an initial $50 million to fight the COVID-19 pandemic and support those most directly impacted by the public health emergency, including health care workers, hard-hit states, seniors and people experiencing food insecurity or homelessness.

“As this unprecedented public health emergency rapidly evolves, we must take bold actions to support those in need and combat the COVID-19 virus,” said Dave Wichmann, chief executive officer of UnitedHealth Group. “This initial investment of $50 million will support that effort, as we continue to mobilize the full strength of our resources, deep clinical expertise, and compassionate team to deliver the best care for patients, support our members and care providers, and deliver innovative solutions that will benefit the entire health care system.”

Through several national and local partnerships that will be announced in the coming weeks, UnitedHealth Group and the United Health Foundation will invest approximately:

  • $30 million in efforts to protect and support health care workers.
  • $10 million to support states where COVID-19 is having an outsized impact, starting with New York, New Jersey, Washington, California and Florida.
  • $5 million to address social isolation among seniors.
  • $5 million to provide care and support for people experiencing food insecurity or homelessness.

UnitedHealth Group is also organizing and matching employee donations dollar for dollar to support the COVID-19 response efforts.

“We are partnering with leading industry and non-profit organizations to ensure resources are deployed quickly and effectively to accelerate the efforts to fight COVID-19 and provide support for those most impacted by this global health crisis,” Wichmann continued.

About UnitedHealth Group

UnitedHealth Group (NYSE: UNH) is a diversified health care company dedicated to helping people live healthier lives and helping to make the health system work better for everyone. UnitedHealth Group offers a broad spectrum of products and services through two distinct platforms: UnitedHealthcare, which provides health care coverage and benefits services; and Optum, which provides information and technology-enabled health services. For more information, visit UnitedHealth Group at www.unitedhealthgroup.com or follow @UnitedHealthGrp on Twitter.

Contacts

Eric Hausman
952-936-3963
Eric.Hausman@uhg.com

UnitedHealth Group

NYSE:UNH

Release Versions

Contacts

Eric Hausman
952-936-3963
Eric.Hausman@uhg.com

More News From UnitedHealth Group

UnitedHealth Group Recommends Shareholders Reject "Mini-Tender" Offer by Tutanota

--(BUSINESS WIRE)--UnitedHealth Group (NYSE: UNH) today announced that it recently became aware of an unsolicited “mini-tender” offer by Tutanota LLC (Tutanota) to purchase up to 175,000 shares of UnitedHealth Group’s common stock, representing significantly less than 1% of UnitedHealth Group’s common stock outstanding. The offer price of $325.00 per share is conditioned on, among other things, the closing price per share of UnitedHealth Group’s common stock exceeding $325.00 per share on the l...

UnitedHealth Group Announces Leadership Transition

--(BUSINESS WIRE)--UnitedHealth Group (NYSE: UNH) today announced the appointment of Stephen J. Hemsley as its chief executive officer, effective immediately, following Andrew Witty’s decision to step down as CEO for personal reasons. Hemsley, who served as company CEO from 2006-2017, will remain chairman of the company’s Board of Directors and Witty will serve as a senior adviser to Hemsley. “We are grateful for Andrew’s stewardship of UnitedHealth Group, especially during some of the most cha...

UnitedHealth Group Statement Regarding Medicare Advantage

--(BUSINESS WIRE)--The Wall Street Journal continues to report misinformation on the Medicare Advantage (MA) program. The government regularly reviews all MA plans to ensure compliance and we consistently perform at the industry’s highest levels on those reviews. We are not aware of the “launch” of any “new” activity as reported by the Journal. We are aware, however, that the Journal has engaged in a year-long campaign to defend a legacy system that rewards volume over keeping patients healthy...
Back to Newsroom