UnitedHealth has a very strong business risk profile and a strong financial risk profile. We applied a one-notch upward holisitc adjustment reflecting UnitedHealth's high level of operating performance consistency, economies of scale, and unregulated cash flows that are significantly higher than peers. We are raising our ratings on UnitedHealth and its core operating companies. The stable outlook reflects our expectation that UnitedHealth will preserve and enhance its leading market positions across all key market segments and sustain its pricing flexibility. On Nov. 3, 2014, Standard&Poor?s Ratings Services raised its long-term counterparty credit rating on UnitedHealth Group Inc. (NYSE:UNH) to ?A+? from ?A?. At the same time, we raised our long-term counterparty credit and financial strength ratings on the
