UnitedHealth Group Incorporated is a diversified health and well-being company in the United States. It is a managed health care and health insurance company that provides a wide array of consumer-oriented health insurance plans and services under seven operating businesses: UnitedHealthcare, Ovations, AmeriChoice, OptumHealth, Ingenix, Uniprise, and Prescription Solutions. Through its broad network of subsidiaries and divisions, UnitedHealth Group also offers administrative and management services, non-employer based insurance products for individuals, network-based health and well-being services, and government-sponsored health care programs. Its customer base has grown to 70 million people in the United States. Its healthcare partners that offer its services have also grown to 700,000 health care professionals and 5,200 hospitals.
UnitedHealth Group is the parent company of the UnitedHealthcare, one of the leaders in the American health insurance industry. The company is based Minnetonka, Minnesota and was created under the name UnitedHealthcare Corporation in 1977. UnitedHealth Group was able to introduce the first ever network-based health plan for individuals aged 50 and older in 1979. The company became a publicly traded corporation in the New York Stock Exchange in 1984.