Less coverage, more profit

UnitedHealth Group just reported Q3 earnings: Total revenue was down but profits were up. How’s it possible? A decline in Medicaid enrollment, AI-driven billing tools, and some good ol’ corporate diversification. We’ll get into it. Also in this episode, we continue our coverage of the labor force in Mumbai with trips to an Oscar-winning visual effects studio and an English-language night school.

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Read the stories in today’s episode:

• "Can't go to the moon every quarter": Big banks' bumpy start to earning season
• Movie studios and night schools: Inside India's growing economy
• UnitedHealth stopped insuring some people. Its profits rose.
• What the low-hire, low-fire economy looks like for a new grad