General Electric Company (GE), Verizon Communications Inc. (VZ): The Dow (.DJI) Soars on Fed-Fueled Optimism

Finally, UnitedHealth Group Inc. (NYSE:UNH) shares are up 1.9% today to rank among the Dow’s top stocks. UnitedHealth Group Inc. (NYSE:UNH) is positioned well for Obamacare’s launch next year as the largest public insurer in the country, but cracks have started to show in the firm’s armor. UnitedHealth has already announced that it won’t participate in the first year of California’s state-run individual-insurance market, and further concerns have arisen regarding the company’s handling of a $20 billion award from the Pentagon this April to manage the Department of Defense’s health care services. The DoD has criticized the company for delays in medical payments and benefits, and if the Pentagon demands reimbursement for that failure, UnitedHealth shareholders could take a hit. It’s not reassuring news as we head into the murky future of health care reform.

The article The Dow Soars on Fed-Fueled Optimism originally appeared on Fool.com.

Fool contributor Dan Carroll has no position in any stocks mentioned. The Motley Fool recommends UnitedHealth Group. The Motley Fool owns shares of General Electric Company.

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