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Proc-Type: 2001,MIC-CLEAR
Originator-Name: webmaster@www.sec.gov
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 TWSM7vrzLADbmYQaionwg5sDW3P6oaM5D3tdezXMm7z1T+B+twIDAQAB
MIC-Info: RSA-MD5,RSA,
 Ba/AXOv613A/XblUVLgj92Mr4ohE9n1jJWgxUbmeiHK4CAAr5CpvAVG4az9/4YH/
 MQkezNanMMe8M6xWqVdX9g==

<SEC-DOCUMENT>0001209191-03-014646.txt : 20030731
<SEC-HEADER>0001209191-03-014646.hdr.sgml : 20030731
<ACCEPTANCE-DATETIME>20030731150046
ACCESSION NUMBER:		0001209191-03-014646
CONFORMED SUBMISSION TYPE:	4
PUBLIC DOCUMENT COUNT:		1
CONFORMED PERIOD OF REPORT:	20030729
FILED AS OF DATE:		20030731

ISSUER:		

	COMPANY DATA:	
		COMPANY CONFORMED NAME:			UNITEDHEALTH GROUP INC
		CENTRAL INDEX KEY:			0000731766
		STANDARD INDUSTRIAL CLASSIFICATION:	HOSPITAL & MEDICAL SERVICE PLANS [6324]
		IRS NUMBER:				411321939
		STATE OF INCORPORATION:			MN
		FISCAL YEAR END:			1231

	BUSINESS ADDRESS:	
		STREET 1:		UNITEDHEALTH GROUP CENTER
		STREET 2:		9900 BREN ROAD EAST
		CITY:			MINNEAPOLIS
		STATE:			MN
		ZIP:			55343
		BUSINESS PHONE:		9529361300

	MAIL ADDRESS:	
		STREET 1:		PO BOX 1459
		CITY:			MINNEAPOLIS
		STATE:			MN
		ZIP:			55440-1459

	FORMER COMPANY:	
		FORMER CONFORMED NAME:	UNITED HEALTHCARE CORP/
		DATE OF NAME CHANGE:	20000309

	FORMER COMPANY:	
		FORMER CONFORMED NAME:	UNITED HEALTHCARE CORP
		DATE OF NAME CHANGE:	19920703

REPORTING-OWNER:	

	OWNER DATA:	
		COMPANY CONFORMED NAME:			LEATHERDALE DOUGLAS W
		CENTRAL INDEX KEY:			0001024367
		STANDARD INDUSTRIAL CLASSIFICATION:	HOSPITAL & MEDICAL SERVICE PLANS [6324]
		STATE OF INCORPORATION:			MN
		FISCAL YEAR END:			1231

	FILING VALUES:
		FORM TYPE:		4
		SEC ACT:		1934 Act
		SEC FILE NUMBER:	001-10864
		FILM NUMBER:		03814381

	BUSINESS ADDRESS:	
		STREET 1:		385 WASHINGTON STREET
		CITY:			ST. PAUL
		STATE:			MN
		ZIP:			55102
		BUSINESS PHONE:		6513107037

	MAIL ADDRESS:	
		STREET 1:		45 S 7TH ST STE 2212
		STREET 2:		PLAZA VII BLDG
		CITY:			MINNESOTA
		STATE:			MN
		ZIP:			55402
</SEC-HEADER>
<DOCUMENT>
<TYPE>4
<SEQUENCE>1
<FILENAME>bmn78088_bmn11dwl.xml
<DESCRIPTION>MAIN DOCUMENT DESCRIPTION
<TEXT>
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<?xml version="1.0"?><ownershipDocument><schemaVersion>X0201</schemaVersion>    <documentType>4</documentType><periodOfReport>2003-07-29</periodOfReport><notSubjectToSection16>0</notSubjectToSection16><issuer><issuerCik>0000731766</issuerCik><issuerName>UNITEDHEALTH GROUP INC</issuerName>        <issuerTradingSymbol>UNH</issuerTradingSymbol></issuer><reportingOwner><reportingOwnerId><rptOwnerCik>0001024367</rptOwnerCik><rptOwnerName>LEATHERDALE DOUGLAS W</rptOwnerName></reportingOwnerId><reportingOwnerAddress><rptOwnerStreet1>45 S 7TH ST STE 2212</rptOwnerStreet1><rptOwnerStreet2>PLAZA VII BLDG</rptOwnerStreet2><rptOwnerCity>MINNESOTA</rptOwnerCity><rptOwnerState>MN</rptOwnerState><rptOwnerZipCode>55402</rptOwnerZipCode><rptOwnerStateDescription></rptOwnerStateDescription></reportingOwnerAddress><reportingOwnerRelationship><isDirector>1</isDirector><isOfficer>0</isOfficer><isTenPercentOwner>0</isTenPercentOwner><isOther>0</isOther></reportingOwnerRelationship></reportingOwner><nonDerivativeTable><nonDerivati
veTransaction><securityTitle><value>Common Stock</value></securityTitle><transactionDate><value>2003-07-30</value></transactionDate><transactionCoding><transactionFormType>4</transactionFormType><transactionCode>X</transactionCode><equitySwapInvolved>0</equitySwapInvolved></transactionCoding><transactionAmounts><transactionShares><value>60000</value></transactionShares><transactionPricePerShare><value>8.3438</value></transactionPricePerShare><transactionAcquiredDisposedCode><value>A</value></transactionAcquiredDisposedCode></transactionAmounts><postTransactionAmounts><sharesOwnedFollowingTransaction><value>471500</value></sharesOwnedFollowingTransaction></postTransactionAmounts><ownershipNature><directOrIndirectOwnership><value>D</value></directOrIndirectOwnership></ownershipNature></nonDerivativeTransaction><nonDerivativeTransaction><securityTitle><value>Common Stock</value></securityTitle><transactionDate><value>2003-07-30</value></transactionDate><transactionCoding><transactionFormType>4</transactionFormT
ype><transactionCode>S</transactionCode><equitySwapInvolved>0</equitySwapInvolved></transactionCoding><transactionAmounts><transactionShares><value>60000</value></transactionShares><transactionPricePerShare><value>55.8363</value></transactionPricePerShare><transactionAcquiredDisposedCode><value>D</value></transactionAcquiredDisposedCode></transactionAmounts><postTransactionAmounts><sharesOwnedFollowingTransaction><value>411500</value></sharesOwnedFollowingTransaction></postTransactionAmounts><ownershipNature><directOrIndirectOwnership><value>D</value></directOrIndirectOwnership></ownershipNature></nonDerivativeTransaction></nonDerivativeTable><derivativeTable><derivativeTransaction><securityTitle><value>Non-Qualified Stock Option (right to buy)</value></securityTitle><conversionOrExercisePrice><value>55.15</value></conversionOrExercisePrice><transactionDate><value>2003-07-29</value></transactionDate><transactionCoding><transactionFormType>4</transactionFormType><transactionCode>J</transactionCode><equitySwap
Involved>0</equitySwapInvolved></transactionCoding><transactionAmounts><transactionShares><value>860</value></transactionShares><transactionPricePerShare><value>47429.00</value></transactionPricePerShare><transactionAcquiredDisposedCode><value>A</value></transactionAcquiredDisposedCode></transactionAmounts><exerciseDate><value>2003-07-29</value></exerciseDate><expirationDate><value>2013-07-29</value></expirationDate><underlyingSecurity><underlyingSecurityTitle><value>Common Stock</value></underlyingSecurityTitle><underlyingSecurityShares><value>860</value></underlyingSecurityShares></underlyingSecurity><postTransactionAmounts><sharesOwnedFollowingTransaction><value>860</value></sharesOwnedFollowingTransaction></postTransactionAmounts><ownershipNature><directOrIndirectOwnership><value>D</value></directOrIndirectOwnership></ownershipNature></derivativeTransaction><derivativeTransaction><securityTitle><value>Non-Qualified Stock Option (right to buy)</value></securityTitle><conversionOrExercisePrice><value>8.343
8</value></conversionOrExercisePrice><transactionDate><value>2003-07-30</value></transactionDate><transactionCoding><transactionFormType>4</transactionFormType><transactionCode>X</transactionCode><equitySwapInvolved>0</equitySwapInvolved></transactionCoding><transactionAmounts><transactionShares><value>60000</value></transactionShares><transactionPricePerShare><value>500628.00</value></transactionPricePerShare><transactionAcquiredDisposedCode><value>D</value></transactionAcquiredDisposedCode></transactionAmounts><exerciseDate><value>1994-04-24</value></exerciseDate><expirationDate><value>2003-10-24</value></expirationDate><underlyingSecurity><underlyingSecurityTitle><value>Common Stock</value></underlyingSecurityTitle><underlyingSecurityShares><value>60000</value></underlyingSecurityShares></underlyingSecurity><postTransactionAmounts><sharesOwnedFollowingTransaction><value>0</value></sharesOwnedFollowingTransaction></postTransactionAmounts><ownershipNature><directOrIndirectOwnership><value>D</value></directO
rIndirectOwnership></ownershipNature></derivativeTransaction></derivativeTable><ownerSignature><signatureName> /s/ David J. Lubben as attorney in fact for Douglas W. Leatherdale</signatureName><signatureDate>2003-07-30</signatureDate></ownerSignature></ownershipDocument>

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