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UnitedHealth's profits rise

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UnitedHealth Group reported an earnings increase as it felt the impacts of pulling out of Affordable Care Act markets.

Adjusted net earnings came to $2.6 billion, or $2.66 per share, compared with $2.1 billion a year earlier.

Revenue rose 8.7 percent to $50.3 billion. Consolidated revenue took a $1.6 billion hit related to its withdrawal from ACA markets and an ACA tax deferral.

Read more from The Wall Street Journal.

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