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Even though UnitedHealth Group has lost more than $1 billion on individual Obamacare plans, the country's largest health insurer and services company is humming along just fine.

The big numbers: The conglomerate said Tuesday it had $185 billion in revenue in 2016 and expects almost $200 billion this year. That means UnitedHealth, by itself, controls about 5.5% of the U.S. health care economy. UnitedHealth's profit surpassed $7.2 billion, up from $5.8 billion in 2015.

UnitedHealth had a relatively small footprint in the Obamacare marketplaces before bailing on them earlier this year. The company has historically made most of its money from selling health plans to employers, and continues to do so. But Medicare Advantage is representing a larger piece of its pie, and executives expect Medicare membership will continue to grow this year.

But that's not all: Optum, UnitedHealth's subsidiary that sells data analytics and pharmacy benefits and owns providers, is a cash cow. In the fourth quarter, Optum's operating profit actually surpassed the UnitedHealthcare insurance arm. The company invested even more in Optum with its recent $2.3 billion takeover of Surgical Care Affiliates, a chain of surgery centers that specializes in profitable outpatient procedures.

Mum on the future: CEO Stephen Hemsley, known for being tight-lipped, said on an earnings call Tuesday he wouldn't speculate on what will happen to Obamacare, but he noted the company has routinely advocated for affordable coverage and a "simpler, state-based health care system." That could include high-risk pools and more catastrophic coverage with even higher deductibles — policies that Republicans have favored.

Go deeper

Biden picks up his pen to change the tone on racial equity

Vice President Harris looks on as President Biden signs executives orders related to his racial equity agenda. Photo: Doug Mills-Pool/Getty Images

President Biden is making a down payment on racial equity in a series of executive orders dealing with everything from private prisons to housing discrimination, treatment of Asian Americans and relations with indigenous tribes.

The big picture: Police reform and voting rights legislation will take time to pass in Congress. But with the stroke of his pen, one week into the job Biden is taking steps within his power as he seeks to change the tone on racial justice from former President Trump.

Most Senate Republicans join Rand Paul effort to dismiss Trump's 2nd impeachment trial

Photo: Joshua Roberts-Pool/Getty Images

Forty-five Senate Republicans, including Minority Leader Mitch McConnell, supported an effort to dismiss former President Trump's second impeachment trial.

Why it matters: The vote serves as a precursor to how senators will approach next month's impeachment trial, making it highly unlikely the Senate will vote to convict. The House impeached Trump for a second time for "incitement of insurrection" following events from Jan 6. when a pro-Trump mob stormed the Capitol.

Texas judge temporarily halts Biden's 100-day deportation freeze

Photo: Mandel Ngan/AFP via Getty Images

A federal judge in Texas has temporarily blocked the Biden administration's 100-day freeze on deporting unauthorized immigrants.

Why it matters: Biden has set an ambitious immigration agenda, but he could face pushback from the courts.