UnitedHealth Group Inc was incorporated in Minnesota in January 1977. It is a health and well-being company. It helps people live healthier lives and make health care affordable. The Company is helping individual's access quality care at an affordable cost; simplifying health care administration and delivery; strengthening the physician/patient relationship; promoting evidence-based care; and empowering physicians, health care professionals, consumers, employers and other participants in the health system with actionable data to make informed decisions. UnitedHealthcare serves the health benefits needs of individuals across life's stages through three businesses. UnitedHealthcare Employer & Individual serves individual consumers and employers. The health needs of seniors are served by UnitedHealthcare Medicare & Retirement. UnitedHealthcare Community & State serves the public health marketplace, offering states medicaid solutions. The Company's revenues are derived from premiums on risk-based products; fees from management, administrative, technology and consulting services; sales of products and services related to the broad health and well-being industry; and investment and other income. The Company's two business platforms have four reportable segments: UnitedHealthcare, which includes UnitedHealthcare Employer & Individual, UnitedHealthcare Medicare & Retirement and UnitedHealthcare Community & State; OptumHealth; OptumInsight; and OptumRx. The Company's competitors include managed health care companies, insurance companies, HMOs, TPAs and business services outsourcing companies, health care professionals. For its UnitedHealthcare businesses, competitors include Aetna Inc., Cigna Corporation, Coventry Health Care, Inc., Health Net, Inc., Humana Inc., Kaiser Permanente, WellPoint, Inc., For its OptumRx businesses, competitors include Medco Health Solutions, Inc., CVS Caremark Corporation, Express Scripts, Inc. and Catamaran Corporation. The Company is subject to various levels of federal regulation.