UnitedHealthcare, a UnitedHealth Group (NYSE: UNH) company, will begin offering new employer-sponsored health insurance options in Minnesota beginning late 2018, and intends to expand its Medicare Advantage health insurance plan options Jan. 1, 2019, pending regulatory approvals. The company already serves large, self-funded multistate employers in its home state.
"UnitedHealthcare is privileged to serve people all over the world, but Minnesota is our home, and we look forward to offering the right products and top service to our neighbors," said Philip Kaufman, CEO of UnitedHealthcare of Minnesota.
UnitedHealthcare will offer a full portfolio of benefit products to employers of all sizes. In addition to a broad suite of traditional medical plans, the portfolio will include HSA plans, as well as plans that offer low out-of-pocket costs for primary care, virtual visits and urgent care. Minnesotans will have access to a variety of unique offerings such as:
To support its new offerings in Minnesota, UnitedHealthcare has established relationships with the area's leading physicians and hospitals to build a value-based, high-performing network of care providers to serve people enrolled in its health plans. Physicians will have access to technology and data, as well as financial rewards for delivering high-quality, cost-effective care.
UnitedHealthcare also intends to offer Individual Medicare Advantage plans to Minnesotans, pending regulatory approvals. These plans will complement the company's existing Medicare Advantage plans for Minnesota retirees who receive health insurance through their former employers, Medicare Supplement plans and Medicare Prescription Drug plans.
UnitedHealthcare and its parent company UnitedHealth Group were founded in Minnesota and are headquartered in the state. UnitedHealth Group employs approximately 18,000 Minnesotans. In 2017 alone, UnitedHealth Group and its employees invested more than $21 million in charitable giving and over 150,000 volunteer hours in Minnesota.
UnitedHealthcare is dedicated to helping people live healthier lives and making the health system work better for everyone by simplifying the health care experience, meeting consumer health and wellness needs, and sustaining trusted relationships with care providers. In the United States, UnitedHealthcare offers the full spectrum of health benefit programs for individuals, employers, and Medicare and Medicaid beneficiaries, and contracts directly with more than 1.2 million physicians and care professionals, and 6,500 hospitals and other care facilities nationwide. The company also provides health benefits and delivers care to people through owned and operated health care facilities in South America. UnitedHealthcare is one of the businesses of UnitedHealth Group (NYSE: UNH), a diversified health care company. For more information, visit UnitedHealthcare at www.uhc.com or follow @UHC on Twitter.