S&P lifts UnitedHealth

Standard & Poor's said it raised its long- and short-term credit rating on UnitedHealth Group Inc. to A and A-1, respectively, from A- and A-2, respectively.

At the same time, the agency said it raised its counterparty credit and financial strength ratings on UnitedHealth's core operating companies to AA- from A+.

Additionally, S&P said it revised the outlook on all companies to stable from positive.

"UnitedHealth's business and financial profile is strong relative to its peers," said S&P credit analyst Joseph Marinucci in a news release.

"Most recently, the company managed well through a sensitive period of heightened sector risk that was strained by weak economic conditions and significant U.S. legislation."

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