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UnitedHealth says aggressive billing, pharmacy drugs drove medical costs up in Q2

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UnitedHealth Group reported better-than-expected earnings on July 16, bringing in $5.5 billion in net income during the second quarter, up from $3.4 billion during the same period last year. Its revenue went up to $112 billion, from $111 billion the previous year.

But the insurance giant, which saw its stock rise 7% on the news, also warned that rising medical costs in the commercial market were not yet under control. As a result, employers contracting

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