this post was submitted on 11 Jun 2025
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Investors Are Pressing UnitedHealth Group to Deny More Care (jacobin.com)
submitted 3 days ago by BrikoX@lemmy.zip to c/usa@midwest.social
18 comments fedilink hide all child comments
 

UnitedHealth Group’s investors have profited from its sky-high coverage denial rates. Now, as the company faces mounting public pressure to approve more patient care, they are suing to stop the insurer from changing its “corporate practices.”

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[–] bitjunkie@lemmy.world 1 points 1 day ago

[–] piccolo@sh.itjust.works 18 points 3 days ago (1 children)

It should be law that all medical insurance investors to be covered by their worst policy offered, and can only pay for medical treatments through said policy.

[–] ExtantHuman@lemm.ee 2 points 2 days ago (1 children)

So... Anyone with a 401k/IRA

[–] piccolo@sh.itjust.works 2 points 2 days ago* (last edited 2 days ago) (1 children)

Is you are manually investing into them, yes. Most people dont, the banks are investing for them.

[–] ExtantHuman@lemm.ee -2 points 2 days ago (1 children)

Are you trying to describe an ETF/mutual fund?

[–] piccolo@sh.itjust.works 1 points 2 days ago (1 children)

No. I am describing a managed 401k.

[–] ExtantHuman@lemm.ee -1 points 1 day ago (1 children)

...which invest in mutual funds...

And less than 15% of 401ks are managed. So, no, most 401ks are not what you just described.

[–] piccolo@sh.itjust.works 0 points 1 day ago (1 children)

You got a source? Becuase i only know a few people that self managed.

[–] ExtantHuman@lemm.ee -1 points 1 day ago (2 children)

You could have googled this yourself in the time it took you to ask for a source. Your anecdotes about you mostly only knowing people you work with don't change that.

[–] bitjunkie@lemmy.world 1 points 1 day ago

And you could have provided one in the time it took you to double down on the original assertion

[–] piccolo@sh.itjust.works 0 points 1 day ago

I was not the one to pull an exact number out of my ass. I requested your source on it. So congratulations making it public that you have no idea what you are talking about.

[–] dinren@discuss.online 18 points 3 days ago (1 children)

When offered UH through my employer, I decided to pay triple and stay on my spouses insurance. They actually cover costs

[–] teamevil@lemmy.world 7 points 3 days ago

I'm leaving my job with United healthcare...I'd rather buy it myself

[–] Tempus_Fugit@midwest.social 11 points 3 days ago (2 children)

Tell me again why healthcare for profit is a good thing?

[–] AlexLost@lemm.ee 3 points 3 days ago

We'll see, it makes a few people a whole lot of money. What's not to like?!

[–] jared@mander.xyz 8 points 3 days ago

Burn it down!

[–] AngrySquirrel@lemm.ee 7 points 3 days ago

They all think that they are untouchable and that nothing will ever happen to them.

[–] SexUnderSocialism@hexbear.net 4 points 3 days ago* (last edited 3 days ago)

I'm pressing luigi-dance to depose more healthcare CEOs and investors.