UHC, Anthem Blue Cross Blue Shield, Caresource and more are removing or redirecting their about us pages.

You are viewing a single thread.
View all comments View context
63 points

It’s really not that hard to run an insurance company without making people want to murder you

permalink
report
parent
reply
22 points
*

Honestly… I’m not sure that it is. The entire concept of an “insurance company” (particularly health insurance) is inherently predatory.

permalink
report
parent
reply
12 points

For profit insurance companies are inherently predatory. But so are for profit hospitals and drug companies.

So yeah at this point, it might be impossible to run a non profit insurance company with the consolidation of hospital ownership by the few big hospitals and Catholic Church, and the vertical monopolies of the insurance, drug and pharmacies.

permalink
report
parent
reply
3 points

Have the government run it (if we ever again have a sane government).

permalink
report
parent
reply
1 point
Deleted by creator
permalink
report
parent
reply
5 points

Remember, one of the provisions of the ACA was requiring insurance companies to ensure at least 90% of expenditure was directly towards covering care, meaning insurance companies are legally permitted an incredible up to 10% profit margin. For context most retailers have profit margins of 1-2%

permalink
report
parent
reply
3 points

Don’t forget that the ACA also stipulated they had to send overage checks out to members if they spent more on marketing, bonuses, etc than on services. Getting refund checks from Blue Cross/Blue Shield at the end of the year because they spent too much money on everything but healthcare wasn’t exactly reassuring.

permalink
report
parent
reply
2 points

Even worse, they are colluding with big pharma to raise prices, because would you rather get a 10% profit off of $100 or $10000?

permalink
report
parent
reply
2 points

The entire concept of an “insurance company” (particularly health insurance) is inherently predatory.

They made sense when the only insurance was the kind that paid out if you sent a ship to India and it sank on the journey.

permalink
report
parent
reply
2 points
*

Most other countries have figured out how to prevent people from wanting to murder health insurance CEOs…

Then again there seems to be a few things that other countries have figured out, but American exceptionalism won’t consider trying.

permalink
report
parent
reply
-21 points
*

Don’t forget that that a CEO legally has to maximize profits. Otherwise the shareholders can sue.

Edit: apparently this is incorrect. It is what they’re hired to do though, so not a big difference.

permalink
report
parent
reply
14 points
*

Yea dummy… that is the “reality” we want changed.
To you it’s immutable, to us it’s not.

The economy isn’t driven by the laws of the universe, it’s people, we can change it any time and have chosen not to. So now CEOs are dying.

Wanna change it now? No?
Alright cool. Maybe this is the new normal then.
People have a limit.

permalink
report
parent
reply
1 point

I don’t understand what you’re trying to say

permalink
report
parent
reply
3 points

Don’t forget that that a CEO legally has to maximize profits.

That depends on the corporate charter.

permalink
report
parent
reply
-36 points

While I think these are scum, people want to murder people over too little cheese on their burger.

permalink
report
parent
reply
30 points
*

OK, but do do you think this particular case is similar to “too little cheese on a burger”?

permalink
report
parent
reply
-4 points

No, and I never said that. But thinking that you can run a big business and nobody would be “kill you” mad at you is very optimistic. People can be incredibly irrational, and the more customers you have the higher the odds of a crazy. And you only need one crazy to get lucky.

If I was a CEO of a big company, I’d want some security 24/7, even if I made Saint Gaben look horrible in comparison, because you never know when some certifiable in Bumfuckistan decides I’ve destroyed his peepee with mind rays or something, and decides the only logical thing is to kill me.

However, with this guy everyone wants him dead, and I really hope some of the chucklefucks running such companies start thinking if that really is the legacy they want to leave behind.

permalink
report
parent
reply

News

!news@lemmy.world

Create post

Welcome to the News community!

Rules:

1. Be civil

Attack the argument, not the person. No racism/sexism/bigotry. Good faith argumentation only. This includes accusing another user of being a bot or paid actor. Trolling is uncivil and is grounds for removal and/or a community ban. Do not respond to rule-breaking content; report it and move on.


2. All posts should contain a source (url) that is as reliable and unbiased as possible and must only contain one link.

Obvious right or left wing sources will be removed at the mods discretion. We have an actively updated blocklist, which you can see here: https://lemmy.world/post/2246130 if you feel like any website is missing, contact the mods. Supporting links can be added in comments or posted seperately but not to the post body.


3. No bots, spam or self-promotion.

Only approved bots, which follow the guidelines for bots set by the instance, are allowed.


4. Post titles should be the same as the article used as source.

Posts which titles don’t match the source won’t be removed, but the autoMod will notify you, and if your title misrepresents the original article, the post will be deleted. If the site changed their headline, the bot might still contact you, just ignore it, we won’t delete your post.


5. Only recent news is allowed.

Posts must be news from the most recent 30 days.


6. All posts must be news articles.

No opinion pieces, Listicles, editorials or celebrity gossip is allowed. All posts will be judged on a case-by-case basis.


7. No duplicate posts.

If a source you used was already posted by someone else, the autoMod will leave a message. Please remove your post if the autoMod is correct. If the post that matches your post is very old, we refer you to rule 5.


8. Misinformation is prohibited.

Misinformation / propaganda is strictly prohibited. Any comment or post containing or linking to misinformation will be removed. If you feel that your post has been removed in error, credible sources must be provided.


9. No link shorteners.

The auto mod will contact you if a link shortener is detected, please delete your post if they are right.


10. Don't copy entire article in your post body

For copyright reasons, you are not allowed to copy an entire article into your post body. This is an instance wide rule, that is strictly enforced in this community.

Community stats

  • 14K

    Monthly active users

  • 21K

    Posts

  • 546K

    Comments