Health insurance giant UnitedHealth Group reported revenue growth of 11 percent in its second quarter, buoyed by an increase in the number of consumers with health benefits.
Revenue was up $2.8 billion to $28.3 billion, bolstered by an increase of 9.1 million consumers with medical benefits, split among domestic and international customers.
Profits were flat compared to the second quarter of 2012 at $1.9 billion.
Earnings per share were up 10 percent to $1.40.
The company affirmed its full-year revenue projections of approximately $122 billion but tightened its outlook for net earnings to a range of $5.35 to $5.50 per share.
The Minnesota-based insurer is the parent company of UnitedHealthcare and Optum, which both have a significant Connecticut presence.
Both divisions contributed to the insurer’s growth for the quarter. UnitedHealthcare added 3 million people to its customer base, and grew revenue 11 percent to $28.3 billion while Optum revenue grew 21 percent to $8.8 billion.