Fourth Quarter and Full Year 2025 Results Teleconference Prepared Remarks January 27, 2026 Moderator: Good morning, and welcome to the UnitedHealth Group Fourth Quarter and Full Year 2025 Earnings Conference Call. A question-and-answer session will follow UnitedHealth Group's prepared remarks. 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 a ...