UnitedHealth Appoints Tim Noel as CEO of Health Insurance Business

UnitedHealth Group has appointed Tim Noel, the former head of its Medicare business, as its new CEO of its health insurance business. This appointment comes a month after the former CEO, Brian Thompson, was tragically killed.

Thompson's killing sparked discussions regarding the complexities and frustrations within the U.S. healthcare system. UnitedHealthcare, the largest health insurer in the nation, serves over 50 million Americans.

Following the news of Noel's appointment, UnitedHealth Group's shares rose by 1.7% to $528.52.