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Industry Report for United Health Group

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Industry Report for United Health Group

Executive Summary

Our mission is to perform extensive research and recommend the best alternatives. Our vision is to strive for excellence as being a respectful firm. Our values are integrity, responsibility, collaboration, respect and excellence. Health insurance companies should consider updating their business models to conduct business in accordance with the Affordable Care Act. Healthcare reform allows for consumers to have more control over their medical care and coverage. United Health Group has the majority of Medicare and Medicaid enrollees. The Affordable Care Act allows for no discrimination against consumers with pre-existing conditions. United Health Group has multicultural websites that allow for consumers to understand what effects their specific culture. Healthcare and knowledge of the field can be given. Consumers are not given the proper tools that they need to understand their healthcare. Insurance brokerage firms are disappearing despite the helpful role that they play. Illnesses need to be curved from management to prevention. Healthcare companies need to remove themselves from negative behavior. A vast amount of money is used in the fast food business from health insurance companies. Innovation is key for United Health Group to continue with development. Government is not evolving with the times. United Health Group is in relatively good shape that needs some minor adjustments. The first recommendation is that there should be focus on preventative care. They should implement employee programs. There should incentives for employees that participate. The second recommendation is to focus on global expansion. India is a desirable location for a new global opportunity. The third recommendation is to expand into other insurance fields.
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