UnitedHealth Expects Smaller Hit From COVID-19 in 2022

UnitedHealth Expects Smaller Hit From COVID-19 in 2022
The corporate logo of the UnitedHealth Group appears on the side of one of their office buildings in Santa Ana, Calif., on April 13, 2020. Mike Blake/Reuters
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UnitedHealth Group Inc. said it expected COVID-19 to have a smaller impact on its profit next year as infections decline and more people get vaccinated, sparking a rally in the shares of U.S. health insurers.

The company, the largest U.S. health insurer, on Thursday also put to rest concerns of an impact from the Delta variant in 2021 by raising its profit outlook.