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Thursday, March 23, 2023

UnitedHealth (NYSE: UNH) Announces $1M Donation to Support Relief Efforts in Ukraine

UnitedHealth Group Incorporated (NYSE: UNH) said that it will donate $1 million to help Ukraine’s humanitarian efforts. Russia has started a deadly air, land, and sea attack on Ukraine which is a 44-million-strong European democracy. Its forces are bombarding city centers and closing in on Kyiv, the Ukrainian capital, causing a massive refugee exodus.

In the latest development, Russian forces have captured Ukraine’s Zaporizhzhia nuclear power plant, according to a local authority, after heavy fighting during which shelling caused a fire to break out a training facility on the site. UNH’s contribution will aid in providing immediate assistance to families in need.

UnitedHealth Group Incorporated has confirmed that $500,000 from $1 million will be used to Save the Children which is the U.S. affiliate of Save the Children International, to back its Ukraine Crisis Relief Fund to offer immediate assistance to children and families. The immediate assistance includes food, water, hygiene kits, and psychosocial support.

Furthermore, the remaining $500, 000 will go to Direct Relief which is a long-standing United Health Foundation partner on disaster response, to offer emergency medical supplies. The emergency assistance includes intensive care medicines, oxygen concentrators, antibiotics, and other medical equipment to the Ukrainian Ministry of Health.

In addition, Save the Children has been operating in Ukraine since 2014. It is collaborating directly with its Ukrainian subsidiary and local partners, while Direct Relief is expanding on the $26 million in medical help it has supplied to Ukraine in the last six months.

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