Update regarding UnitedHealthcare's

negotiations with Montefiore Health

System
We want to share an update with you regarding our continued efforts to reach an
agreement with Montefiore Health System that would restore network access for our
UnitedHealthcare and Oxford customers and members while also making health care
more affordable for New Yorkers.

On May 28, 2021, we delivered a new five-year proposal to Montefiore that would
provide the health system with a $184 million increase over the next five years
compared to Montefiore's 2020 reimbursement rates, which were already the highest of
any health system in New York City. Our latest offer also matches the rate increases
Montefiore was seeking in the first year of its most recent proposal.

This proposal more than doubles our previous offer to Montefiore. While the rate
increases we have proposed are significantly more than the market demands and
exceed the most recent monthly Consumer Price Index for All Medical Care, we
delivered this proposal in the spirit of compromise and to end the disruption the
community has experienced. It should be noted that this marks our seventh proposal to
Montefiore over the past several months, all of which included reimbursement increases
from our previous offers.

We recognize that this has been a challenging process for our customers and members,
and do not take this type of disruption in the market lightly. We hope Montefiore will
work with us to finalize the agreement and ensure the New York residents and
businesses we mutually serve have access to affordable care.

Thank you again for your patience and partnership as we work to reach an agreement
with Montefiore.