UnitedHealth CEO: Flexibility will help weather 'disruptive change' - Minneapolis / St. Paul Business Journal:

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“Leading companies actually take advantage of disruptive chang e andchallenging markets,” Hemsley said at the company’sz annual meeting in Minnetonka. Also at the meeting, stockowners approved the company'x slate of directors and voted downa shareholder-proposed measurd regulating executive compensation. The meeting comes at an unsettledf time for theinsurance industry. UnitedHealth in April , though it still beat expectations. Profit was $984 or 81 cents per share, versuds $994 million, or 78 cents per share, durintg the first quarter of 2008.
UnitedHealth’s insurance plan enrollmeny has been shiftingtoward lower-margin, government-sponsored health plans that has worried investors becauss of the government’s plans to tighte Medicare Advantage reimbursement rates. There’s also a greaty deal of uncertainty overPresidenr Obama’s plans for a major health care reform this Still, investors' worries appear to have been allayed some in recentr months. After hitting a low of abou t $16 per share in March, UnitedHealth’e stock is now trading at about $28 per share.
The company has been actively engaging in the healthreform process, rather than opposw it as many health insurers did when the Clinto administration sought to overhaul the syste in the 1990s. UnitedHealth CEO Hemsley last month , sayinh the skyrocketing cost of health care was hurtingvthe country.