NEW YORK (Standard&Poor's) July 2, 2008--Standard&Poor's Ratings Services said today that it affirmed its 'A-' counterparty credit rating on UnitedHealth Group Inc. (NYSE:UNH) and its various counterparty credit and financial strength ratings on UNH's subsidiaries. At the same time, Standard&Poor's revised the outlook on UNH's subsidiaries to negative from stable. The outlook on the holding company (UNH) remains negative. "The rating actions are based on UNH's announcement today that it is revising earnings guidance downwards for the second time this year, resulting in projected 2008 operating performance that will be below our expectations," said Standard&Poor's credit analyst Shellie Stoddard. Following UNH's prior earnings reforecast in April 2008, Standard&Poor's placed a
