UnitedHealth is the first major U.S. health insurer to post third-quarter results, and investors will use the results as a barometer for the rest of the industry. (Photo: AP)

(Bloomberg) — UnitedHealth Group Inc. jumped the most in more than three years after raising its full-year profit forecast, signaling the health insurer is turning a corner after losses related to Obamacare markets weighed down results this year.

The stock rose as much as 6.4 percent after UnitedHealth said Tuesday on a conference call with investors that it could see “modestly stronger” earnings-per-share growth next year. The company will discuss its 2017 profit forecast at a Nov. 29 investor event.

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