UnitedHealthcare's CEO Murdered in NYC...

[LilDrunkenSmurf]

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Capitalism is a bad system, except every other system is worse.

This. Capitalism breeds competition, which is great. When you have no longer have competition, because the big incumbents buy them out/force them out/lobby them out, then you have... well, what we have today. Look at Telus/Rogers/Bell as an example. Or take a look at our "deregulated" energy grid that has us paying insanely high power costs compared to the rest of the country, while the gas that runs the power plants is insanely cheap.

Insurance, IMO, should be not-for-profit, and something like universal healthcare, or at least a govt provided minimum health care would stop people from just _dying_ because shareholder value.

There's nothing wrong with profit, everyone deserves their bag, but if you're making 22 _billion_ in profit, and you specialize in helping people live? Maybe don't try to limit the length of time anesthesia can be used in a surgery, setup a fake AI that automatically denies 90% of claims, and also bring the industry average on denials up by biggest the largest denier _by far_.

Costs for basic services in the states are insanely high because the health insurance industry. If (for profit) hospitals charge insane rates, it pushes people into needing insurance no matter what. The insurance companies rake in insane profits, the hospitals charge insane rates and rake in insane profits, and people die because they can't afford something as simple as insulin, or an epi-pen.

Profit is not a bad word. Choosing (what I consider excessive) profits over letting people live, is a bad concept.

I'm rambling a bit here, and obviously my thoughts are scattered, but I just don't see a point where anyone needs "billions" in profit, when lives are at stake.
Murder is bad, but refusing to pay for life saving surgery/medicine is fine, is the message I take away from health insurance companies.

[ExtraSlow]

Profit total dollars is meaningless, you need to look at margin as a percentage.

Otherwise the real issue is being large. Where's zenny with his Galen Weston comment?

[Cash Money Hoes]

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This. Capitalism breeds competition, which is great. When you have no longer have competition, because the big incumbents buy them out/force them out/lobby them out, then you have... well, what we have today. Look at Telus/Rogers/Bell as an example. Or take a look at our "deregulated" energy grid that has us paying insanely high power costs compared to the rest of the country, while the gas that runs the power plants is insanely cheap.

Insurance, IMO, should be not-for-profit, and something like universal healthcare, or at least a govt provided minimum health care would stop people from just _dying_ because shareholder value.

There's nothing wrong with profit, everyone deserves their bag, but if you're making 22 _billion_ in profit, and you specialize in helping people live? Maybe don't try to limit the length of time anesthesia can be used in a surgery, setup a fake AI that automatically denies 90% of claims, and also bring the industry average on denials up by biggest the largest denier _by far_.

Costs for basic services in the states are insanely high because the health insurance industry. If (for profit) hospitals charge insane rates, it pushes people into needing insurance no matter what. The insurance companies rake in insane profits, the hospitals charge insane rates and rake in insane profits, and people die because they can't afford something as simple as insulin, or an epi-pen.

Profit is not a bad word. Choosing (what I consider excessive) profits over letting people live, is a bad concept.

I'm rambling a bit here, and obviously my thoughts are scattered, but I just don't see a point where anyone needs "billions" in profit, when lives are at stake.
Murder is bad, but refusing to pay for life saving surgery/medicine is fine, is the message I take away from health insurance companies.

What is 22bn / 30mm? That is what an individual pays beyond the cost of service they receive. DonÂ’t like that youÂ’re paying more that it costs to administer? Buy United common stock and recapture the profit. Clearly a great business to own.

Now, unquestionably, is the best time to be alive in all of human history. Capitalism in large part is to thank for this. ItÂ’s revealing that you choose to focus on these examples (which in most cases have improved your quality of life and delivered better services to you for less) and do not see just how great it is to be alive today.

What a waste.

If you have any degree of agency in your life, take the opportunity before you and do something.

[Cash Money Hoes]

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We are at a point where capitalism has ruin a lot of things. Especially quarter by quarter results.

Ended up we have CEO that can't focus on the mission but only quarterly results. And then CEOs come up with ridiculous ways to boost the numbers.

For Boeing, a few doors falls off and kill 2 planes full of people.

For Intel, it lost innovation and burned up 2 generation of chips while being behind the competition.

For Insurance, tons of people are not getting coverage they paid for.

While a bunch of people telling government to relax regulation and let businesses self police. And here we are.

It’s the safest time in human history to fly.

Memory and compute are the cheapest they have ever been.

Interventions for disease and chronic illness are more accessible, numerous and effective than they have ever been.

Seems like creative destruction is working as it should.

Ronald Regan nailed with he said; ‘I think you all know that I've always felt the nine most terrifying words in the English language are: I'm from the Government, and I'm here to help.’

[Tik-Tok]

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Interventions for disease and chronic illness are more accessible, numerous and effective than they have ever been.

You seem to have the wrong idea with what insurance companies do. They are definitely not in the medical research or manufacturing field.

[rage2]

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Sounds like he probably got some old lady working at McDonalds some reward money, too.

Here's his "last words": https://archive.is/2024.12.09-230659...s-consequences

I haven’t been able to fact check this one. Seems too convenient from the timing. He’s been off grid for a month.

[Cash Money Hoes]

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You seem to have the wrong idea with what insurance companies do. They are definitely not in the medical research or manufacturing field.

You seem to gravitate toward inductive reasoning

[Swank]

Has anyone reached out to see how Mario is handling this?

[Xtrema]

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It’s the safest time in human history to fly.

Memory and compute are the cheapest they have ever been.

Interventions for disease and chronic illness are more accessible, numerous and effective than they have ever been.

Seems like creative destruction is working as it should.

Ronald Regan nailed with he said; ‘I think you all know that I've always felt the nine most terrifying words in the English language are: I'm from the Government, and I'm here to help.’

I'm not saying capitalism is bad. Just saying unchecked capitalism is bad.

I just find parallel with Boeing and Intel. Both are ruined by wall street.

For Boeing, they stopped letting the engineers to run the company, fell behind the competition and use borderline tricks to catch up. Profit dictates critical system on the redesign turned optional and killed 2 plane loads of people. And self certification have improper installation of parts and keep on falling back.

For Intel, they let a CFO run the company to the ground and stop innovating. Let AMD and TSMC leaped them in tech. Tried to stay relevant by boosting their old tech and ended up with burnt chips. Put an engineer as CEO and on the verge of debuting a new fab that actually can strike fear in TSMC, wall street steps on the fired the CEO.

And for this case, I'm still trying to figure out what's what but the little that I read sounds like this guy's mom got burnt by UHC overuling doctor's recommendation on the course of treatment. And that in general it has 2x the deny rate than industry average. How much of that is true? I don't know.

I don't know turning insurance into non-profit is the answer but some days I wished they are.

/end rant.

Back to normal programming:

[ThePenIsMightier]

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Has anyone reached out to see how Mario is handling this?

Mama mia!
Is there a betting/lottery pool?

[ZenOps]

US health system has always been broken. Solid two years behind other "first world" nations in life expectancy, and yet somehow is at least 3x more expensive.

Always blamed it on the thousand nukes they set off in the Nevada desert (how else do you get 400 million citizens X two years less life expectancy = 800 million less years of life for the USA) but now I'm considering that capitalism and insurance could be a factor.

As for Canada, food distrobution system has always been broken, scurvy is a thing. Could blame the one highway.

As for Mario, Luigi copycats soon enough?

[ExtraSlow]

Galen Weston brah

[davidI]

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I haven’t been able to fact check this one. Seems too convenient from the timing. He’s been off grid for a month.

Yea, there are reports now that this is the real one. Who knows?

“To the Feds, I'll keep this short, because I do respect what you do for our country. To save you a lengthy investigation, I state plainly that I wasn't working with anyone. This was fairly trivial: some elementary social engineering, basic CAD, a lot of patience. The spiral notebook, if present, has some straggling notes and To Do lists that illuminate the gist of it. My tech is pretty locked down because I work in engineering so probably not much info there. I do apologize for any strife of traumas but it had to be done. Frankly, these parasites simply had it coming. A reminder: the US has the #1 most expensive healthcare system in the world, yet we rank roughly #42 in life expectancy. United is the [indecipherable] largest company in the US by market cap, behind only Apple, Google, Walmart. It has grown and grown, but as our life expectancy? No the reality is, these [indecipherable] have simply gotten too powerful, and they continue to abuse our country for immense profit because the American public has allwed them to get away with it. Obviously the problem is more complex, but I do not have space, and frankly I do not pretend to be the most qualified person to lay out the full argument. But many have illuminated the corruption and greed (e.g.: Rosenthal, Moore), decades ago and the problems simply remain. It is not an issue of awareness at this point, but clearly power games at play. Evidently I am the first to face it with such brutal honesty.”