UnitedHealth says first-quarter profit fell

Reuters

UnitedHealth Group Inc , the largest U.S. health insurer, said on Thursday that its first-quarter profit had fallen as medical costs and operating costs increased.

The company said net profit was $1.2 billion, or $1.16 per share, down from a year-earlier $1.4 billion, or $1.31 per share.

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(Reporting by Caroline Humer; Editing by Lisa Von Ahn)