UnitedHealth Group promoted the head of its Medicare health plan business to lead the company’s broader insurance division, filling the job previously held by slain executive Brian Thompson.

UnitedHealth Group on Thursday named Tim Noel, the head of its Medicare business, to the top job at its health insurance business, a month after the unit’s former CEO Brian Thompson was killed. Noel will take charge at UnitedHealthcare, the largest U.S. health insurer that provides benefits to more than 50 million Americans, at a critical moment.

The company said Thursday that Tim Noel will be CEO of UnitedHealthcare, replacing Brian Thompson, who was killed in New York City in December.

UnitedHealth Group reported $14.4 billion in 2024 profits as its UnitedHealthcare health insurance and Optum provider services overcame rising costs and a cyberattack.

UnitedHealth Group has quietly but significantly scaled back its MedExpress urgent care business, with just 19 locations operating across the country — down from more than 150 locations in 2022. The move was not formally announced as word spread in October of divestitures in Delaware and Pennsylvania.

UnitedHealth Group Inc. promoted the head of its Medicare health plan business to lead the company’s broader insurance division, filling the job previously held by slain executive Brian Thompson. Tim Noel,

In its first results since its insurance unit CEO was fatally shot in New York City, UnitedHealth Group reported Thursday weaker-than-expected fourth-quarter revenue, prompting its shares to fall in early morning trading despite quarterly profit beating projections.

UnitedHealth reported fourth-quarter results on Thursday that reflected persistent challenges for the health insurance sector.

UnitedHealth Group will promote one of its top insurance executives to replace Brian Thompson, the slain CEO of its UnitedHealthcare arm.

A health insurance company has significantly downsized space in its longtime St. Louis-area office, and the landlord is now marketing the building as a multi-tenant space.

The Oregon Health Authority on Wednesday flagged three organizations for overshooting this limit between 2021 and 2022 without justifying the increase. They include Eugene-based Oregon Medical Group and two insurers, Moda Health and UnitedHealthcare, both of which managed Medicare Advantage plans.