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UNITEDHEALTH GROUP INC

UNH

Health Care

4

exclusion reasons

2 themes

Corporate Misconduct (3) Labor Rights (1)
UNH Health Care Current as of March 2026

This page is part of our public exclusion list — a transparency tool that shows which companies we screen out and why. It is not investment advice, and it is not an accusation. But it is subject to change as our understanding of the facts evolves.

Workplace Discrimination
Since Mar 8, 2026

UnitedHealth Group Inc. agreed to pay $10 million to resolve allegations it discriminated against pregnant employees and those with pregnancy-related medical conditions by denying them reasonable accommodations.

The U.S. Department of Justice sued to block UnitedHealth Group's $13 billion acquisition of Change Healthcare, alleging the deal would give UnitedHealth control over a critical healthcare data clearinghouse and allow it to stifle competition.

Financial Misconduct
Since Mar 8, 2026

UnitedHealth Group's OptumInsight paid $15 million in December 2022 to settle allegations it accepted kickbacks from a laboratory company in violation of the Anti-Kickback Statute.

Anti-Union Activity
Since Mar 8, 2026

Optum, a subsidiary of UnitedHealth Group, has run an intense anti-union campaign and maintains an in-house anti-union management team called 'the People Team.'

Research Sources 2 organizations

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Companies appear on our exclusion list based on our investment judgment — not because they've done anything illegal. This is a difference of values and opinion, not an accusation of wrongdoing. Exclusion does not constitute a recommendation against investing in any company, and absence from the list does not constitute a recommendation to invest.

This information is provided for educational and transparency purposes only and should not be relied upon as investment advice. Data is drawn from independent watchdogs, NGOs, government registries, and Ethical Capital's ongoing research — see Research Sources for the full list.

Ethical Capital LLC is a state-registered investment adviser in Utah (CRD #316032). Registration does not imply a certain level of skill or training.