
UnitedHealth Group blew the doors off the opening of earnings season this week, reporting a better-than-expected fourth quarter, Bob writes.
- Its health insurance unit kept more of the premium dollars, and its pharmacy benefit manager, OptumRx, anchored all of the Optum companies.
By the numbers: United reported a $13.8 billion profit on $242 billion of revenue in the full-year 2019.
- The only other health care company that posts higher annual profits, in absolute numbers, is Johnson & Johnson. J&J reports next week.
Follow along: Our earnings tracker is updated. Tell Bob (bob@axios.com) what you’re seeing and thinking about.

