STOCK TITAN

UnitedHealthcare Donates $500,000 To Two Nonprofit Organizations in Minnesota

Rhea-AI Impact
(Low)
Rhea-AI Sentiment
(Neutral)
Tags
Rhea-AI Summary
UnitedHealth Group (NYSE: UNH) awards $500,000 in Empowering Health grants to two Minnesota community-based organizations to expand access to care and address social determinants of health. The company is donating over $11.1 million in grants across 12 states, focusing on food access, social isolation, and behavioral health issues.
Positive
  • UnitedHealthcare's $11.1 million in grants will assist underserved communities and uninsured individuals in accessing care and addressing social determinants of health, which is crucial for improving overall health outcomes.
  • The company has invested over $62 million in Empowering Health grants since 2018, reaching nearly 11 million people through partnerships with community-based organizations in 30 states and the District of Columbia.
  • UnitedHealth Group's dedication to advancing health equity and building healthier communities has been demonstrated through contributions of over $53.4 million in Minnesota over the last three years, along with substantial investments in affordable housing communities and partnerships with food banks and meal-delivery services.
Negative
  • None.

Funding is part of UnitedHealthcare’s $11.1 million in Empowering Health grants focused on expanding access to care and addressing social determinants of health for people in underserved communities

MINNEAPOLIS--(BUSINESS WIRE)-- UnitedHealthcare, a UnitedHealth Group (NYSE: UNH) company, is awarding $500,000 in Empowering Health grants to two community-based organizations in Minnesota to expand access to care and address social determinants of health for uninsured individuals and underserved communities.

In total, UnitedHealthcare is donating more than $11.1 million in grants through its Empowering Health program across 12 states. The grants will assist people experiencing challenges such as food access and nutrition, social isolation, and behavioral health issues, and support local health education efforts.

Grant recipients in Minnesota include:

  • National Alliance on Mental Illness Minnesota, Minneapolis and St. Paul$300,000 to increase access to culturally specific education and support, recruit diverse trainer and support group leaders, translate educational materials and create educational videos in several languages.
  • Trellis, Minneapolis and St. Paul$200,000 to reduce social isolation among people living with memory loss and their caregivers, with targeted outreach to convene community leaders to provide input, complete needs assessments, develop culturally appropriate materials, identify areas of greatest need and host community events bringing awareness to memory loss and providing practical solutions for addressing social isolation.

“UnitedHealthcare is honored to support the important work these local organizations are doing to provide greater access to services for underserved communities in Minnesota,” said Brett Edelson, CEO, UnitedHealthcare of Minnesota. “Social and economic factors continue to have a significant impact on achieving and maintaining good health. These grants enable us to work closely with our community partners and to be there for what matters in addressing social determinants of health for their residents.”

According to the American Journal of Preventive Medicine, approximately 80% of what influences a person’s health relates to nonmedical issues, such as food, housing, transportation and the financial means to pay for basic daily needs.

Identifying and addressing social determinants of health needs is a core aspect of how UnitedHealthcare serves its members. Last year, UnitedHealthcare screened 4.9 million members, made 2.4 million referrals to community resources, and ultimately closed the loop and confirmed that 84% of members had at least one of their social needs met.

Since launching its Empowering Health commitment in 2018, UnitedHealthcare has now invested more than $62 million in Empowering Health grants, reaching nearly 11 million people through partnerships with community-based organizations in 30 states and the District of Columbia.

UnitedHealth Group, including UnitedHealthcare and Optum, and its affiliated companies, is dedicated to advancing health equity and building healthier communities by supporting programs to improve access to care and address key determinants of health. In Minnesota, this includes more than $53.4 million in contributions over the last three years representing its businesses, foundations and employees, including a $3 million grant in January to Children’s Minnesota to address pediatric disparities and a $2 million grant in March to Rainbow Health to support the behavioral health and well-being of LGBTQ+ and BIPOC youth in Minnesota.

Additionally, UnitedHealth Group has invested more than $800 million in affordable housing communities since 2011, partnered with food banks and meal-delivery services, and in 2019 joined with the American Medical Association to standardize how social determinants of health data is collected and used to create more holistic care plans. In June 2022, the United Health Foundation, the philanthropic foundation of UnitedHealth Group, made a $100 million commitment over 10 years to advance health equity, furthering its efforts to eliminate health disparities. This was the largest single philanthropic commitment ever made by the United Health Foundation.

About UnitedHealthcare

UnitedHealthcare is dedicated to helping people live healthier lives and making the health system work better for everyone by simplifying the health care experience, meeting consumer health and wellness needs, and sustaining trusted relationships with care providers. In the United States, UnitedHealthcare offers the full spectrum of health benefit programs for individuals, employers, and Medicare and Medicaid beneficiaries, and contracts directly with more than 1.6 million physicians and care professionals, and 8,000 hospitals and other care facilities nationwide. The company also provides health benefits and delivers care to people through owned and operated health care facilities in South America. UnitedHealthcare is one of the businesses of UnitedHealth Group (NYSE: UNH), a diversified health care company. For more information, visit UnitedHealthcare at www.uhc.com or follow @UHC on Twitter.

Tony Marusic

UnitedHealthcare

312-348-3825

tony_marusic@uhc.com

Source: UnitedHealthcare

FAQ

What is the ticker symbol of UnitedHealth Group?

The ticker symbol of UnitedHealth Group is UNH.

What are the key focus areas of UnitedHealthcare's Empowering Health grants?

The key focus areas include expanding access to care, addressing social determinants of health, and supporting local health education efforts.

How much has UnitedHealthcare invested in Empowering Health grants since 2018?

UnitedHealthcare has invested over $62 million in Empowering Health grants since 2018, reaching nearly 11 million people through partnerships with community-based organizations in 30 states and the District of Columbia.

UNITEDHEALTH GROUP INCORPORATED (Delaware)

NYSE:UNH

UNH Rankings

UNH Latest News

UNH Stock Data

450.25B
917.61M
0.23%
90.17%
0.88%
Healthcare Plans
Hospital & Medical Service Plans
Link
United States of America
MINNETONKA