This excerpt taken from the UNH 8-K filed Dec 19, 2006.
UNITEDHEALTH GROUP ANNOUNCES MEDICARE PRESCRIPTION DRUG PLAN OFFERINGS FOR 2007
MINNEAPOLIS, MN (October 4, 2006) Ovations, the UnitedHealth Group (NYSE: UNH) business dedicated to serving the health and well-being of people age 50 and older, announced today that all of its contracts for the Medicare Prescription Drug Program have been approved by the federal government. Under this authority, UnitedHealth Group through Ovations will again offer stand-alone prescription drug plans in all 50 states, the District of Columbia and all five U.S. Territories. Ovations also qualified to enroll lower income Medicare recipients and individuals who are eligible for both Medicare and Medicaid in every region.
In the inaugural year of the Medicare Part D program, we offered well-designed plans that yielded high satisfaction ratings among our members and achieved more than $9 billion in savings on prescription drug costs, said Lois Quam, CEO of Ovations. Through our national presence, large membership base and deep experience with Medicare, we will continue to offer secure and affordable plans that meet the needs of older Americans.