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BRIEF-UnitedHealth CEO sees 2014 costs from healthcare reform, but long-term growth
April 17, 2014 / 1:10 PM / 4 years ago

BRIEF-UnitedHealth CEO sees 2014 costs from healthcare reform, but long-term growth

April 17 (Reuters) - UnitedHealth Group Inc : * CEO Stephen Hemsley says healthcare reform law holds long-term growth opportunities * CEO says commercial insurance pricing pressure intensified in some markets,

including New York * CEO says commercial business lower Q1 use of medical services due to weather

was offset by costly new hepatitis c drugs * CEO says “working diligently” to ensure new drugs used under clinically

appropriate standards * CEO says cost of treating hepatitis c patients in medicaid, commercial and

medicare part d was more than $100 million in Q1 * CEO says Q1 included $60 million in optum-related investment costs * CEO says 2014 challenges include health care taxes and cuts to medicare

advantage * CEO says watching hepatitis c treatment costs, aca taxes, commercial

membership, New York and medicare advantage

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