And to do that they are going to increase premiums and double your max out of pocket limit every year. Perfect!
Edit: ok having read the article it looks like he is going to push for regulating pharmaceutical companies while simultaneously pushing for states with stricter insurance regulations to be forced (via federal courts or legislation) to lower their standards.
So, a combination of reducing his costs and reducing benefits for the consumer. Sounds like the only one winning is him.
What a headline…‘I thought they need to get worse’
Said no one ever about anything sensibly…
Haven’t seen that one before…
Love it!!
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did you know commas are baby parentheses that were picked before they were full grown?
also, threatening healthcare CEOs lives might be the only practical way back to humane healthcare and that should scare the shit out of everybody that yes in fact things are that bad
UnitedHealth CEO says U.S. health system ‘needs to function better’
UnitedHealth CEO says U.S. health system needs to bend in such a way that UHC makes more money by the government making sure they get more money and that it’s everyone else’s fault the HC system sucks because they need to make more money. Everything will be better when they make more money.
Tell him to quit stealing everyone’s lives and things might start working better
I hear Mario bros music…
“We can’t lower costs. We won’t make as much money.”
“Somebody involved in it, perhaps towards the top, should do something about that”, he continued.
“I mean, not me. I only just got this job. Still finding my way. But someone should definitely do something. Gonna be a lot of work figuring out what should be done. It’s just so complicated. We’re going to have to invent some way to make sure everyone can access competent and affordable healthcare. How do you do that? Where do you even start? What a monumental task. But think of the accomplishment if we could do that. Think of the example we’d be setting for so many other nations. We’d be pretty great. I mean we already are pretty great, but we’d be better. Man, we’d be awesome.” At this point he’s gone, like a poor person dreaming about what they’d do if they won the lottery.
By getting rid of private health insurance.
wow he really said this?
“Participants in the system,” he said, derive benefit from high health care costs. While lower prices and improved services can be good for consumers and patients, Witty said, they can “threaten revenue streams for organizations that depend on charging more for care.”
Yes this basic human right could be cheap or even free, but then how would shareholders make more money exploiting it?
He’s also just straight up lying. I’m a participant in the system with chronic health issues. I would have benefited more from never going to see a doctor and kept my family out of debt than what I ended up doing.
Healing patients would “threaten revenue streams for organizations that depend on charging more for care.”
They prefer the endless treatment model.
So by extension, creating sick people is akin to opening a new account. (Aside: A good task for other parts of the institutional investors portfollio) And nobody wants to close a customer account.
Sounds like he’s trying to cast everyone else but the insurance companies as the bad organizations, and that they will be taking measures to make that more clear to the people.
In short “don’t shoot us, shoot these other guys if you have to shoot someone!”
His entire business model is based on reducing the efficiency of health care spending and he is directly incentivized to maximize profits by minimizing health care spending efficiency.
US health insurers literally offer zero social benefit. They should not exist as the entire industry in harmful rent seeking.
The concept of insurance makes sense - pooling risk so that everyone can share a little pain all the time, so that unlikely but catastrophic events don’t wipe individuals out. Making this arrangement for-profit is asinine.
Insurance generally, yes. But health insurance, no, especially when it could be funded by taxes like in other countries and still have that same element of shared risk, but without the perverse incentive to let people die just to create a little more profit for the precious shareholders.
Which I appreciate is what you said, but I thought it bore repeating. Other forms of insurance I suspect would be harder to nationalise, but in theory there’s no reason they couldn’t.
Directly government-funded healthcare and government-run single payer insurance are essentially the same thing. There’s some rationale for keeping the government-run single payer system (whether you call it insurance or not) at arm’s length from the sitting government to prevent too much political chaotic nonsense each time another government takes power, but they achieve the same things in terms of health care delivery and risk management.
Bro literally said,that they don’t care about anything but profits and are willing to kill people for this.
More green plumbers please.
Translation: “Needs to function better *for me and my company’s earnings report”
Ha ha ha ha ha DUH
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“The system needs to function better,” says the figurehead of a completely unnecessary middleman.
