775
UnitedHealthcare Value Drops $41.6 Billion in Week After CEO Brian Thompson’s Slaying.
(finance.yahoo.com)
Not nearly enough.
this post was submitted on 12 Dec 2024
775 points (98.5% liked)
News
23627 readers
2417 users here now
Welcome to the News community!
Rules:
1. Be civil
Attack the argument, not the person. No racism/sexism/bigotry. Good faith argumentation only. This includes accusing another user of being a bot or paid actor. Trolling is uncivil and is grounds for removal and/or a community ban. Do not respond to rule-breaking content; report it and move on.
2. All posts should contain a source (url) that is as reliable and unbiased as possible and must only contain one link.
Obvious right or left wing sources will be removed at the mods discretion. We have an actively updated blocklist, which you can see here: https://lemmy.world/post/2246130 if you feel like any website is missing, contact the mods. Supporting links can be added in comments or posted seperately but not to the post body.
3. No bots, spam or self-promotion.
Only approved bots, which follow the guidelines for bots set by the instance, are allowed.
4. Post titles should be the same as the article used as source.
Posts which titles don’t match the source won’t be removed, but the autoMod will notify you, and if your title misrepresents the original article, the post will be deleted. If the site changed their headline, the bot might still contact you, just ignore it, we won’t delete your post.
5. Only recent news is allowed.
Posts must be news from the most recent 30 days.
6. All posts must be news articles.
No opinion pieces, Listicles, editorials or celebrity gossip is allowed. All posts will be judged on a case-by-case basis.
7. No duplicate posts.
If a source you used was already posted by someone else, the autoMod will leave a message. Please remove your post if the autoMod is correct. If the post that matches your post is very old, we refer you to rule 5.
8. Misinformation is prohibited.
Misinformation / propaganda is strictly prohibited. Any comment or post containing or linking to misinformation will be removed. If you feel that your post has been removed in error, credible sources must be provided.
9. No link shorteners.
The auto mod will contact you if a link shortener is detected, please delete your post if they are right.
10. Don't copy entire article in your post body
For copyright reasons, you are not allowed to copy an entire article into your post body. This is an instance wide rule, that is strictly enforced in this community.
founded 2 years ago
MODERATORS
So let’s watch the denial rate at major insurance companies to see if it goes down.
Luigi’s trial will still be going on probably. I’m betting he’s going to drag it out as long as possible. His family is rich and influential so the trial is going to be a shit show, I hope.
And once we see a sudden (temporary) drop in denial rates, we can shit all over insurance executives again next quarter.
And the quarter after that when the denial rates sneak back up again.
Let’s just say I am really excited about shitting on that crew a lot.
She should email back that Brian Thompson personally approved her mammogram and that they should check with him.
load more comments
(3 replies)
life expectancy and denial rates are now like KPI for me. these lines should be going up kinda like stock market, since this is all about "efficiency"
Yeah, it’s pure schadenfreude. But I am seriously coming around to the idea that shit-posting is a serious political tool. So I am planning my meme strategy around the release of these numbers.
This subject has the right emotional content to keep this issue in the public consciousness. Ever hear of ‘social peace’? Not for these shit heads.
this is definitely a moment of unity. while issue is bigger than healthcare. healthcare can be the rallying topic and improving just health care would a big W.
social peace is elites' job to maintain but they are not interested in that.
load more comments
(2 replies)
First I’ve read that his family has money. That’s really encouraging.
Yeah apparently Baltimore country club types. People magazine has already done a thing on them.
load more comments
(3 replies)
Hey look the Lemmy Ceo's are looking to ban users informing other users about jury nullification because apparently that's hate speech in Germany or some stupid bullshit.
load more comments
(2 replies)
The fucking disgusting bit is that's less than 8%. So it's still only 3% lower than it was at the beginning of the year
How many people died for that line?
Yes but have you considered that line goes down? Line must never go down so further cuts must be made to ensure line goes up next quarter.
It should be lower. This incident really put a spotlight on their claims denial rate being the highest in the industry, twice as high as industry average. A lot of customers will probably be leaving but that hit won't happen until later when the next billing cycle comes.
Or the idiotic "open enrollment" period. Can't believe they only let us change health insurance once a year.
load more comments
(8 replies)
their subscriber numbers will dwindle down to shit. they are as good as having no insurance at all
load more comments
(3 replies)
And if Americans really did have the ability to shop around for the health insurance they wouldn't need in a sane country in this first place, this might be a good thing.
As it is, anyone with UHC (like my family) will end up paying a higher premium.
As it is, anyone with UHC (like my family) will end up paying a higher premium.
Rates for 2025 are set already.
You can't switch next cycle like the rest of people prolly gonna do?
Which "rest of people" get a choice of insurance providers from their employer?
Or do you mean pay a hell of a lot more for a plan the employer isn't offering?
fair point, well tell your employer to switch, also tell your coworkers.
you are deff on point that they will extract to punish for this. but staying with them is a bad business decision unless your employer is getting kick backs.
Big companies will switch if the rates justify it, it's a yearly bidding war, and quite annoying when you have to change insurance cards and even a different provider because of things beyond your control. Healthcare should be nationalized and not tied to employment for so many reasons.
well tell your employer to switch, also tell your coworkers.
Has that ever worked for you? Have you only worked in small businesses or something?
If things were that simple, the CEO wouldn't have been assassinated in the first place.
load more comments
(9 replies)
load more comments
(15 replies)
Why are healthcare denials sent to and shouldered by patients? If you go to an in network facility, that place is vetted by insurer. So why isn't a 'denial' a matter between the provider and the insurer and transparent to the patient?
Why are there networks, health insurance companies, co-payments, payment disputes/ negotiations of prices, and people suffering from not receiving medical care?
Oh yeah, because this way it costs us significantly more and we can think we are doing better than others in life by acquiring a job where we have linked medical coverage too.
The fact that there are "classes" of healthcare is just repulsive.
load more comments
(2 replies)
Luigi, I can forgive a lot, but shareholder value... How could you, man?
How am I supposed to tell my kids about his when they are back from the character building camp I sent them to where they were hunting lesser human beings for sport in an eastern European country I won't name? This is really going to crush their big, delicate hearts...
load more comments
(2 replies)
Still worth 490 Billion.
That's 1,000$ for every American.
"value", it should be a service that is focused on servicing and have no value at all.
load more comments
(2 replies)
Boy the new and old media are having a thesaurus day with the word "killed".
load more comments
(1 replies)
How could Brian do this to the shareholders?
Health care insurance should be handled by governments, or alternatively by law by non profit foundations
Some would argue that should be the case for all companies.
Imagine how much better for profit companies would function if they didn't have investors skimming off their profits.
For profit companies should be illegal.
load more comments
(12 replies)
load more comments
(6 replies)
Too bad they will make damn sure this doesn't hurt the shareholders but the people themselves.
If Luigi has shorted the company with some leverage, he might now be incredibly wealthy
load more comments
(5 replies)
are you saying in the USA they organize their health care around the stock market?
load more comments
(6 replies)
It worked! This is a valid tactic.
Is anyone else getting United Healthcare ads in their Gmail promotions tab? Seemed a little tone deaf.
Edit A word.
I stepped away from that creepy shit when I noticed just how awful Google (search) and Gmail have become, a complete contrast to how it was originally. Now it's Fastmail and Duckduckgo, and everything is so much cleaner.
checks fidelity
....naaaaaaah
lower
Think of the shareholders you monsters! Only they matter! Not the patients. Duh; Businesses pay huge premiums to insure their employees, can’t have that money being used for the good of the people it’s meant to help.
load more comments
(1 replies)
Unfortunately, this is only a temporary oscillation and they will soon recover and everyone will forget what happened. The damage must be done to the political structure that allows these companies to exist as they are
load more comments
(1 replies)
Fucking A for some fucking A, this will probably sting them more than the death of their last CEO.
Good, let it crash and burn and let it not be the only one
Free healthcare for all US citizens!
view more: next ›