Customers get information from a reception desk at a UnitedHealthcare store in Queens, New York.
Michael Nagle | Bloomberg | Getty Images
UnitedHealth said on Wednesday its second-quarter profit more than doubled, helped by lower medical costs due to a fall in healthcare utilization following coronavirus-fueled lockdowns and social distancing.
Net earnings attributable to shareholders jumped to $6.64 billion, or $6.91 per share, in the three months ended June 30, from $3.29 billion, or $3.42 per share, a year earlier.
Total revenue rose to $62.14 billion from $60.60 billion.
This article was originally published by Cnbc.com. Read the original article here.