Oh great, they have to pay a fine that’s a fraction of the profit they make per day. That’ll teach ‘em!
Worst yet, it’s probably tax deductible.
this post was submitted on 09 Jan 2025
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0.7% of their 2024 net income btw.
Fuck UnitedHealthcare!
Luigi did the unambiguously correct thing.
Didn’t they generate $400billion in revenue? This is barely a rounding error.
And that's just this quarter... What they made over the course of those 4 years is in the trillions. What they were ordered to pay in restitution was maybe around 0.0025% of their total earnings.
$165 million
Would you believe this is only 0.04% of UHC's total revenue in 2024? What a wild fucking system we live in that 165 MILLION DOLLARS is just a slap on the wrist...
And they'll increase premiums across the board by 1% permanently to cover the cost and increase profit. The line must go up.