UnitedHealth Group (NYSE: UNH) is the largest private health insurance company in the U.S., with more than 400,000 employees. It pulled in $324.2 billion in revenue last year, making it the largest Fortune 500 healthcare company.

UnitedHealth Group's shares are down a little more than 12% this year. The stock has been slumping since the company mentioned last month at the Goldman Sachs Global Healthcare Conference that elective surgeries, which had declined during the pandemic, were on the rise.

That concern was echoed by a competitor, Humana, which in a Securities and Exchange Commission (SEC) filing last month said that claims for inpatient stays, emergency department visits, outpatient surgeries, and dental services are rising faster than expected.

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Source Fool.com