Tim Noel is the new UnitedHealthcare CEO following the Dec. 4 targeted killing of its former top executive, Brian Thompson, in Manhattan.

UnitedHealth Group CEO Andrew Witty acknowledged the U.S. health care problems, cited high prices of medical services as root cause.

The health insurer named Tim Noel, a longtime employee of its parent company, for the job. The previous chief executive, Brian Thompson, was killed in Manhattan.

Noel was the head of Medicare and retirement at UnitedHealthcare, the largest private health insurer in the U.S. and the insurance arm of UnitedHealth Group.

Thompson was killed while walking to an investor meeting in midtown Manhattan ... Shareholders appeared unconcerned with UnitedHealth Group Incorporated's ( NYSE:UNH ) lackluster earnings report ...

But high medical costs contributed to results that disappointed Wall Street, and the company’s stock fell on the news that it had made less than analysts expected.

The company said Thursday that Tim Noel will be CEO of UnitedHealthcare, replacing Brian Thompson, who was killed in New York City in December.

UnitedHealth Group is facing a staggering loss in its market value following the former CEO’s sudden murder. The shocking assassination of Brian Thompson last December took the world by storm as all eyes focused on Luigi Mangione — the man who was allegedly responsible for gunning him down.

UnitedHealth Group has reported quarterly profits of $5.5 billion after tax in its first earnings release since the killing of UnitedHealthcare CEO Brian Thompson in New York City, which sparked a wider debate about the cost of health insurance and medication for the American public.

UnitedHealth Group's top executive said the company's ... condolences and support after Thompson was gunned down in Midtown Manhattan last month at the company's annual investors conference.

UnitedHealthcare announced it has a new CEO earlier this week, almost two months after former CEO Brian Thompson was shot and killed in Manhattan.   The health insurance giant’s new CEO is

After UnitedHealthcare CEO Brian Thompson was shot to death in December, law enforcement records show a burst of police activity at the homes of health executives.