Unitedhealth Group (UNH) Q1 2012 Earnings Call April 19, 2012 8:45 am ET Executives Stephen J. Hemsley - Chief Executive Officer, President and Executive Director Dan Schumacher - Gail Koziara Boudreaux - Executive Vice President and Chief Executive Officer of United Healthcare Jack Larsen - Larry C. Renfro - Executive Vice President and Chief Executive officer of Optum Rick Jelinek - Jeff Alter - Chief Executive of UnitedHealthcare Employer & Individual Business David S. Wichmann - Chief Financial Officer, President of Operations and Executive Vice President Analysts Peter H. Costa - Wells Fargo Securities, LLC, Research Division Ana Gupte - Sanford C. Bernstein & Co., LLC., Research Division Kevin M. Fischbeck - BofA Merrill Lynch, Research Division David H. Windley - Jefferies & Company, Inc., Research Division Sheryl R. Skolnick - CRT Capital Group LLC, Research Division Sarah James - Wedbush Securities Inc., Research Division Christine Arnold - Cowen and Company, LLC, Research Division Scott J. Fidel - Deutsche Bank AG, Research Division Joshua R. Raskin - Barclays Capital, Research Division Charles Andrew Boorady - Crédit Suisse AG, Research Division Christian Rigg - Susquehanna Financial Group, LLLP, Research Division PresentationOperator
Good morning. I will be your conference facilitator today. Welcome to the UnitedHealth Group's First Quarter 2012 Earnings Conference Call. [Operator Instructions] As a reminder, this call is being recorded. Here is some important introductory information. This call contains forward-looking statements under U.S. federal securities laws. These statements are subject to risks and uncertainties that can cause actual results to differ materially from historical experience or present expectations. A description of some of the risks and uncertainties can be found in the reports that we file with the Securities and Exchange Commission, including the cautionary statements included in our current and periodic filings.