UnitedHealthcare Value Drops $41.6 Billion in Week After CEO Brian Thompson’s Slaying.
UnitedHealthcare Value Drops $41.6 Billion in Week After CEO Brian Thompson’s Slaying.
The nation's biggest health insurance company is worth $520.1 billion after losing 7.5% of its value The post UnitedHealthcare Value Drops $41.6 Billion in Week After CEO Brian Thompson’s Slaying appeared first on TheWrap.
I'm sure premiums won't go up drastically next year.
Tighten the noose, you'll see more squirming
Too bad they will make damn sure this doesn't hurt the shareholders but the people themselves.
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.
If Luigi has shorted the company with some leverage, he might now be incredibly wealthy
Seems there would be a case against for insider trading.
Now even the poor can get away with insider trading using crypto. Not that anyone should start doing do this professionally. 😇
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...
Pff, peasant, sending your children off to some far ofd shithole. Shell out some real money and I'm pretty sure you can find some human hunting grounds within the U S of A. Turn it into family bonding time like a good father.
fucking lol. someone get the new ceo.
We need a George Soros who would pay off private security companies who you know these CEOs pay very poorly to look the other way when they reach a quiet dark not very populated destination.
"value", it should be a service that is focused on servicing and have no value at all.
Fidelity, vanguard and blackrock are major shareholders of the UHC
That's code for the owner class along with some boomer 401ks
That's likely most 401ks. They're a very large company so they're going to be in just about every stock market index fund available. The classic advice for 401ks is to use index funds because their fees are so much lower than managed funds, and you can follow your portfolio by following the S&P 500 instead of having to worry about what particular stocks a fund manager picked.
Fund managers also tend to do worse than the market more generally, because a lot of them are really bad at their jobs.
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.
A lot of customers will probably be leaving
How many of their customers actually chose them? Most people get insurance through their job
Or the idiotic "open enrollment" period. Can't believe they only let us change health insurance once a year.
Unless you got a baby. Like you need to be in an accident that will take 9 months to conclude....say you're the only female astronaut going to the space station for a weekend on a Boeing starliner spacecraft but it starts leaking helium. What would you do if you suddenly needed to pay for inter spacial health care but open enrollment was a month ago? I don't known what, but I'd start gathering tungsten parts from around the craft and I'd take some spacewalks at strategic times to loose said parts straight on to -toss has censored this part- and the car would roll down the hill in American movie style and we'd be laughing! Wait what about a baby! You could get pregnant in space and then you could sign up!...the baby, not you.
their subscriber numbers will dwindle down to shit. they are as good as having no insurance at all
How do we get it even lower?
Start with the next CEO.
Say what you want about him, but the last CEO "made a difference". Just not in the way that smug punchable asshole intended.
Not nearly enough.
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.
Well why would a peasant keep any surplus value of their labor?
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.
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.
What is jury nullification? I would like to know more ;)
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.
checks fidelity
....naaaaaaah
lower
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.
I don't even know what goes on anymore. I've had good health insurance in the USA for years (I'm a trucker) but have not had health insurance in Canada for 7 years (because I'm a trucker of no fixed address and health care is provincial, i pay income taxes to an entity that issues my driver's license but denies i live there when it comes to my health insurance) My american health insurance doesn't give two shits where i live. My drivers license is to a post office box near my employer of 7 years. I'm literally homeless but consistently pay taxes and reside in one county in one province with a steady employer but i just won't lie so i don;t have "canadian" health insurance, which is never been my "birthright as a Canadian" like muttonhead socialists talk about, it's always been provincially determined while the federal government pretends it wasn't something that happened despite their resistance, when provincials had balls and thought of themselves as their region, not canadians.
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?
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.
So... *checks math*, just 13 more? That's achievable. Let's do this.
So far...
