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. United Healthcare serves the health benefits needs of individuals across life's stages through three businesses. United Healthcare Employer & Individual serves individual consumers and employers. The health needs of seniors are served by United Healthcare Medicare & Retirement. United Healthcare Community & State serves the public health marketplace, offering states medicaid solutions. The Company has four reportable segments across two business platforms, United Healthcare and Optum: United Healthcare, which includes United Healthcare Employer & Individual, United Healthcare Medicare & Retirement, United Healthcare 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 United Healthcare 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 includes CVS Health Corporation, Express Scripts, Inc. and Prime Therapeutics LLC. The Company's businesses are subject to comprehensive federal, state and international laws and regulations. It is regulated by federal, state and international regulatory agencies that generally have discretion to issue regulations, interpret, and enforce laws and rules.