You ever think about how just one division of a “health insurance provider” could have an investors’ meeting in Manhattan to discuss the $281 billion in revenues they’re hoarding while so many Americans struggle to access basic healthcare
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I work in out-patient physical therapy. Private insurance companies haven’t increased our pay us per service in over 20 years. Not just my clinic, all small businesses. There’s nothing we can do about it except not take insurance & charge patients out of pocket. I don’t wanna just treat the rich 😳
Thank goodness. I just heard the news and a lady was going on about how terrible crime in NYC is. Good to know others share my reaction which was VERY different from the lady's.
UHG, of which United healthcare is but one subsidiary company, has an estimated 2200+ subsidiaries around the world. That CEO wasn't hoarding as much wealth as one likes to imagine.
His bosses' bosses? That's where the massive hoard lies (possibly both literally and figuratively).
I cheated on Bsky with X briefly cause X has the footage of him being shot. I should have felt shame for watching a man die but I kinda….. didn’t. Oop.
My husband's entire raise for next year will be going towards the monthly increase in our health insurance premiums. They are making so much money on denying adequate coverage
It's so gross. Didn't people at least used to be concerned about optics, even if they didn't care about the billions they were making off of their customers' misery, illness, and misfortune?
Fun fact! For profit health insurance companies made a profit in 2020-21. Health insurance companies should lose money in rare mass illness events. Literally sickening. It’s proof they aren’t actually controlling costs.
Companies that lose money do not stay in business. When businesses collapse, there are no jobs. So you'd like it if a pandemic led to an economic depression?
You sound like Barack Obama, circa 2009. It was part of his justification for keeping the insurance companies around to be useless rent-seeking parasites. If we cut insurers out, we’d get more nurses & home health aides and fewer coding specialists & paper pushers. Everyone would be better off.
in other countries healthcare is a given right and is subsidized by their governments - which gives EVERYONE access to healthcare and gives the government negotiating power to drive down drug costs.
in a privatized health insurance system, nobody has enough leverage to actually advocate for the consumer which keeps drug costs high and also means that tons of people are simply left without ANY access to healthcare that won't near bankrupt them.
Since I know what they actually do: yes, of course I do. They're paid to be good stewards of policyholders' money, even if the policyholders themselves believe they have some other magical source of income. Those are MY premium dollars and you'd better believe I want them spent wisely.
I'd argue that corporations that have two years of loss or no profit don't just collapse. They have reserves and borrowing power and rebound when business gets better.
I'm surprised that claims for elective procedures were more than claims for those who were hospitalized because of Covid. But I shouldn't jump to conclusions. I'd be interested to see some data and will dig that up, unless you have a good source at your fingertips.
I currently have: one cautious furry roommate, one curious but tending towards bystanding furry roommate, and one "not a thought being that limpid, untroubled gaze" furry roommate.
You ever realize that the ACA limited health insurers' profit margins but did no such thing for providers and pharma? Why do they deserve blank checks?
They are also a healthcare provider through the doctors and clinics they own as “Optum.” And a health finance provider through their HSA services. Insurance, doctors, and banking; all owned by the same company.
... And the quality of care at Optum has declined as a result of staff "seeking new opportunities".
But some of its patients actually have less choice to seek new opportunities in care, because they're locked into "in-network" care on most UHG policies.
Also a pharmacy benefits manager—literal middleman designed to keep patient costs high by extracting rebates from pharma & keeping it for themselves instead of passing savings on to patients
Your question is directed at a self-proclaimed Cathloic who is in her own words not 100% sure Adolf Hitler is in Hell. She is apparently a small cog in the insurance industry and is somehow under the misapprehension that she's closer to the murdered CEO than to his victims.
A woman I knew died because she couldn’t get coverage for her cancer treatments. She wouldn’t leave her husband medical debt in the millions. She died.
This is the only country where people have to make those calculations.
I don’t know why he was killed, but I know why she died.
I have no sympathy.
Well when you rig the system to funnel healthcare for all Americans through 3 or 4 companies and give them the ability to skim huge profits from it, you get those kinds of numbers.
If only there was a better way to manage this kind of thing...
Health insurers' profits were limited by the ACA. What limits providers' and pharma's? Why do they deserve a blank check to do whatever they want with policyholders' money?
Clinician reimbursement for services is set by CMS (even private plans base rates off it), haven’t increased in the last 30 years so have actually decreased relative to inflation, and only account for 8% of healthcare expenditures.
Clinicians are free to set their own prices at whatever multiple of the CMS rate they choose. They have an incentive to set them as high as the market will bear.
The ACA included strict loss ratio limits for health insurers. Where are the limits for big medicine?
They can “set” their prices at whatever they want. If they accept a patient’s health insurance, they will only be paid the negotiated rate, which is based on CMS.
asking why some company's profits from healthcarec are limited and others' not is the wrong question. The question should be why are there profits for anyone in the first place?
Oh, the whole system is corrupt and I actually support single payer. But I don't blame businesses for acting like businesses, and I don't condone people being gunned down in cold blood. For any reason.
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His bosses' bosses? That's where the massive hoard lies (possibly both literally and figuratively).
Insurance coverage INCREASES access to healthcare.
(I will consider the possibility that it's only true about my own current four legged furry roommates, however.)
It's a rare day I don't get swiped at least once.
All I could think was, “how many cancer treatments would this house have paid for”
But some of its patients actually have less choice to seek new opportunities in care, because they're locked into "in-network" care on most UHG policies.
First hand knowledge.
Perhaps they’ll get a peek at the public response to the CEO’s death?
May they look over their shoulders and around corners in fear for the rest of their lives. That’s their conscience trying to warn them.
You support that demonization and dehumanization, even if only by passive acceptance.
You're part of the problem.
This is the only country where people have to make those calculations.
I don’t know why he was killed, but I know why she died.
I have no sympathy.
If only there was a better way to manage this kind of thing...
The ACA included strict loss ratio limits for health insurers. Where are the limits for big medicine?