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UnitedHealth was showing the effects of a national trend. Although 175 million Americans are covered by employer-sponsored health insurance, further declines in manufacturing jobs and a spotty economic recovery have braked increases in enrollment. And by the latest count, the number of people without health insurance has risen to 45 million.
Lest you fret over what this means for CEO Bill McGuire (who is, after all, earning $124.8 million this year), there's some good news: Congress's passage of Medicare drug coverage is expected to open up a whole new revenue stream.