UnitedHealth Group Provides Additional Support to Help Fight COVID-19 in India

Rhea-AI Summary

UnitedHealth Group (NYSE: UNH) is donating $1 million to aid India's COVID-19 crisis, building on a previous contribution of $1.5 million. The funding will supply 2,500 oxygen concentrators to assist with critical shortages in healthcare facilities. This initiative is a part of the company’s broader $100 million commitment to combat the pandemic globally. The donation will be managed through the US-India Strategic Partnership Forum to ensure the equipment reaches state hospitals where it's most needed.

Positive

• Donation of $1 million to support India's COVID-19 response.
• Procurement of 2,500 oxygen concentrators to address healthcare shortages.
• Part of a broader $100 million commitment to fight COVID-19 globally.
• Previous contribution of $1.5 million demonstrated ongoing support.

Negative

• None.

UnitedHealth Group (NYSE: UNH), through the United Health Foundation, is donating $1 million (₹7.4 crores) in response to the growing coronavirus crisis in India, which is experiencing an unprecedented public health emergency with record-breaking surges in COVID-19 cases and deaths. This donation extends the company’s global commitment to fighting COVID-19, including a previous donation of $1.5 million (₹11 crores) to India.

The contribution will fund the procurement of 2,500 oxygen concentrators to help address India’s nationwide shortage of oxygen as well as other critical medical equipment essential for treating severe COVID-19 infections. The grant will be made through the US-India Strategic Partnership Forum and its affiliate foundation, the US-India Friendship Alliance. The oxygen concentrators will be delivered to Nitiaayog, the Government of India’s planning arm, to ensure they are deployed to state hospitals where the need is significant.

“Since the onset of COVID-19, UnitedHealth Group has been committed to combating the pandemic’s impact on the communities where we live and work, while providing resources and support to ensure the safety and well-being of our team members,” said Laura Ciavola, President of Optum Global Advantage, a UnitedHealth Group business. “This additional contribution will provide much needed relief with core medical equipment and supplies to help India’s health care professionals combat the devastating impact of COVID-19.”

In addition to the monetary contribution, UnitedHealth Group’s relief efforts in India have helped:

• Deploy health and safety kits and COVID-19 testing supplies;
• Support for Optum team members based in Bangalore, Chennai, Gurugram, Hyderabad, Mumbai and Noida;
• Expand access to telehealth so that our teammates can receive more immediate and convenient medical consultation.
  

The contribution is the latest effort in UnitedHealth Group’s more than $100 million commitment to fighting COVID-19 and supporting impacted communities worldwide. The company’s earlier $1.5 million contribution to India provided urgent assistance to the country’s most impacted communities, including health care workers, hard-hit and underserved citizens, seniors, and people experiencing homelessness and food insecurity, as well as government labs experiencing a shortage of equipment.

About UnitedHealth Group

UnitedHealth Group (NYSE: UNH) is a diversified health care company dedicated to helping people live healthier lives and helping to make the health system work better for everyone. UnitedHealth Group offers a broad spectrum of products and services through two distinct platforms: UnitedHealthcare, which provides health care coverage and benefits services; and Optum, which provides information and technology-enabled health services. For more information, visit UnitedHealth Group at www.unitedhealthgroup.com or follow @UnitedHealthGrp on Twitter.

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