UnitedHealth sees 2017 Medical Care Ratio of 82.5% +/- 50 bps
UnitedHealth sees a 2016 Medical Care Ratio of about 81.3% and a 2017 Medical Care Ratio of 82.5% +/- 50 bps, citing the insurer fee moratorium for the rise. Sees a 2016 Operating Cost Ratio of about 15.2% and a 2017 Operating Cost Ratio of 14.5% +/- 30 bps, with declines due to the insurer fee moratorium and productivity. As previously reported, UnitedHealth sees FY17 cash flow from operations $11.5B-$12B. As its uses for the operating cash flows, UnitedHealth sees using $6B-$6.5B for growth capital and leverage reduction, using about $1.7B for capital expenditures, using $1.3B-$1.5B for share repurchase and using about $2.4B for dividends. Guidance and comments from Investor Conference presentation slides.