Wayne DeVeydt
ON THE RECORD · 6 verbatim quotes · every quote source-verified
“So it shows that when we can do things the way we think they should be done, that we can be both a solution and be profitable.”
Wayne DeVeydt · said 2026-07-16 · reported 2026-07-16
DeVeydt told reporters that doing things the right way allows UnitedHealth to be both a solution and profitable.
“is not a good thing for the system long term.”
Wayne DeVeydt · said 2026-07-16 · reported 2026-07-16
DeVeydt said the dynamic of rising healthcare costs forcing insurers to raise premiums and adjust benefits, contributing to membership losses, is not good for the system long term.
“These results are not a reflection of trend bending or coming under control, but rather our efforts to start pushing down what is already an elevated number,”
Wayne DeVeydt · said 2026-07-16 · reported 2026-07-16
DeVeydt characterized the second-quarter results as reflecting UnitedHealth's efforts to push down an already elevated medical cost number rather than a sign that cost trends are bending.
“I would say the turnaround, and I would emphasize that on our culture, it's really happening … that turnaround is translating to strong, strong earnings,”
Wayne DeVeydt · said 2026-07-16 · reported 2026-07-16
DeVeydt told reporters that UnitedHealth's turnaround is translating into strong earnings and reflecting cultural change within the company.
“do better than that”
Wayne DeVeydt · said 2026-07-16 · reported 2026-07-16
UnitedHealth's CFO said he expects the company to exceed its full-year revenue guidance of greater than $439 billion given the second-quarter beat.
“elevated over historical levels”
Wayne DeVeydt · said 2026-07-16 · reported 2026-07-16
DeVeydt said medical costs in the second quarter remained elevated, an issue that has dogged the broader insurance industry for more than two years.