The attack on the 50-year-old executive—allegedly by the now 27-year-old Luigi Mangione—immediately sparked an outpouring of public fury not at the gunman, but at UnitedHealthcare itself.
Good. money was made on denying people healthcare. Mangione (allegedly) killed one person, but the CEO was responsible for the deaths of thousands. didn’t the UH CEO also create an AI to automatically deny claims too? what a shithead
I can’t even start to understand how a healthcare organization has a stock price. They should be nonprofits to start with.
And this brings up the other thing they are struggling to recover from. They were sued by blackrock for taking care of people too well.
Blackrock, that investment firm that you can’t even divest from because your pension is tied to it. Which really peels back some layers on root cause analysis. Because blackrock and vanguard get management of this money pretty much by default when there is an institutional pension they have fuck you money. As in fuck you, it’s my money till 40 years in the future.
The Healthcare United CEO is just middle management. All he’s doing is taking orders in hopes doing that enough means his company survives. If he doesn’t then the private equity firms and banks just fund the guy who will.
Larry Fink is the real management.
The shooting “tarnished UnitedHealthcare’s reputation and disrupted its operational stability,” Ge Bai, a professor of health policy and management at Johns Hopkins Bloomberg School of Public Health, Maryland, told Newsweek.
No, it did not, don’t pin that one on Luigi.
UnitedHealthcare did that all on their lonesome, by profiteering on people’s pain and suffering.
Luigi allegedly killed one man
United Health kills thousands on a regular basis
EDIT: … thanks for the clarification (I’ll remember it from now on)
Luigi has yet to be convicted of anything, but the sentiment remains.
Have they tried not being evil by design?
I don’t give a single shit about the welfare or public approval of any large profit corporation. I care even less about UHC specifically.
Anyone who still works there is complicit. The entire health insurance industry needs to be taken down and everyone involved shunned from society forever. It’s an atrocity.
Hey, where do you work? - Oh I work in the health insurance industry - That’s disgusting, I am leaving.
I would absolutely have this exact interaction. Including anyone working in finance.
Are you Winnie the Pooh? Because this is blustery as fuck.
I work in health insurance, and I just can’t bear the thought that you and I might never be friends.
But looking for a job is hard, and honestly this one is really good for me. It suits my narrow skillset, and it gives me a great work-life balance, which is the main thing I’m looking for while my kids are young. I quit my more demanding oil job to take this one so I could be there for them.
But if you have some kind of plan for how I could reform the entire industry by quitting my job at the bottom rung of a middling insurance company, I’ll gladly do it. I could always go back to working in finance.
Otherwise this is all just thoughtless, impotent bluster, untempered by life experience.
In real life, most of the people who work at insurance companies are doing their best to keep the system running, because people do depend on it despite its flaws, and I don’t have any more power to change it than you do.
Don’t worry. We won’t be friends.
Well, maybe one day. You never know.
Let’s not mess with Costco and costplusdrug please. Not all ceo are bad.
This is how they learn! Operant* Conditioning.