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re: Multiple major insurance companies remove leadership and staff pages from their websites
Posted on 12/6/24 at 8:48 am to StringedInstruments
Posted on 12/6/24 at 8:48 am to StringedInstruments
quote:
If people don't like insurance companies and want healthcare to be a human right that is affordable and not based on profit-generating business practices, they we need a fundamental shift in our healthcare system.
It's a pitfall of capitalism. If you're not doing all you can to maximize profits, someone else will and investors will switch to them thus killing your business.
I don't even think you have to go as far as saying its a human right. I think recognizing them as something closer to a private utility company would go a long way.
1
Posted on 12/6/24 at 8:52 am to tom
How do you figure disdain is misplaced? It’s not doctors denying coverage
Posted on 12/6/24 at 8:56 am to VolSquatch
quote:
I don't even think you have to go as far as saying its a human right. I think recognizing them as something closer to a private utility company would go a long way.
I think this is the way, honestly.
It’s not a right, but there needs to be some regulation although big govt. intervention is rarely beneficial.
Posted on 12/6/24 at 9:03 am to Mingo Was His NameO
quote:
This goes out the window when you are part of a regulated industry. If it were capitalism then someone could start a competitor and offer lower prices. Thats almost impossible in reality.
I can’t believe anyone would shill for these insurance companies in the name of “capitalism.” Healthcare costs are the number one thing outside of a physical attack that could end our society. It’s crippling economically
No one here is "shilling" for insurance companies in the name of capitalism. Even regulated industries are going to operate within the constraints of those regulations with the goal of maximizing profit.
If people don't want insurance companies to have the ability to deny claims, then they need MORE regulations. And by the time we get to the point where health insurance is not profit-driven, then we will arrive at government-run healthcare.
Posted on 12/6/24 at 9:05 am to BabyTac
quote:
Maybe instead of hiding realize the people’s disdain for your business and make it better.
This would be good advice for them to listen to.
Posted on 12/6/24 at 9:06 am to StringedInstruments
quote:
Even regulated industries are going to operate within the constraints of those regulations with the goal of maximizing profit.
No they aren’t, certainly not in the way you are framing it.
quote:
If people don't want insurance companies to have the ability to deny claims, then they need MORE regulations
Maybe, maybe not. I don’t have the requisite knowledge that make a claim like that.
quote:
And by the time we get to the point where health insurance is not profit-driven, then we will arrive at government-run healthcare.
We don’t have to, but that’s a possibility
Posted on 12/6/24 at 9:12 am to BluegrassBelle
quote:
maybe it’s time insurance companies take a long look at why people feel the way they do in the wake of what happened?
While I agree, we all know this will not happen. The media will label these CEOs as heroes and will label anyone who disagrees as a fascist assassin.
Loosely related.... I saw this morning on the "news" that Michael Eisner got some kind of hero award. fricking insanity.
Posted on 12/6/24 at 9:17 am to BluegrassBelle
quote:
I mean they’re all publicly traded so I’m assuming that info wouldn’t be hard to get as a result.
On the 10-K and proxy statements, usually those folks use the corporate office address as their address.
Posted on 12/6/24 at 9:18 am to StringedInstruments
Posted on 12/6/24 at 9:22 am to StringedInstruments
quote:
and how CEOs need to exist knowing their life is on the line based on the decisions they make.
So you mean, like millions of people in this country, the decisions they make at work may cost them their lives.
Or if they get hurt, they may be denied coverage
Funny huh?
Posted on 12/6/24 at 9:24 am to tom
(no message)
This post was edited on 5/4/25 at 4:09 pm
Posted on 12/6/24 at 9:27 am to StringedInstruments
quote:
I saw a Tik Tok last night where someone made a slideshow of all of the C suite executives for the major insurance companies. It had their names, their positions, their salaries, and their home cities.
I hate making things about Trump, but somehow Trump tweeting to his fans to "peacefully protest" was inciting violence. But I suspect nobody on the left has a problem with stuff like this?
quote:
We are all adults and know that what just happened in New York shouldn't happen again to someone else just because of their position, BUT if we can channel this event into some civilized scrutiny/consequences for people who choose to exploit others' misery for a living then it could ultimately be a good thing.
This is sort of where I land on it I think. Because healthcare certainly needs an overhaul of some sort. It just can't be shooting everyone you don't like.
This post was edited on 12/6/24 at 9:30 am
Posted on 12/6/24 at 9:27 am to StringedInstruments
(no message)
This post was edited on 5/4/25 at 4:15 pm
Posted on 12/6/24 at 9:30 am to el Gaucho
quote:
It’s sad that like 1/4 of presidents have been shot at and they only get 250k but ceos make like 100 million and have barely been shot at
They make plenty in backroom deals and insider trading tips. Obama is one of the best examples of this. If you think he made his fortune off of book deals, I have some beachfront property to sell you.
This post was edited on 12/6/24 at 9:31 am
Posted on 12/6/24 at 9:43 am to StringedInstruments
Yeah just went to look who my health insurance CEO and it's now an error page
Posted on 12/6/24 at 9:52 am to StringedInstruments
I thought removing this information as well as reexamining corporate security levels for executives would be done as a result of this execution.
With the size of insurance company customer bases, you can never eliminate the threat as there will always be legitimate denials based upon jurisdictional statutes, rules, regulations or insurance company policy terms.
Most insurance company claim practices are influenced and governed by regulatory oversight with defined dispute resolution procedures.
With the size of insurance company customer bases, you can never eliminate the threat as there will always be legitimate denials based upon jurisdictional statutes, rules, regulations or insurance company policy terms.
Most insurance company claim practices are influenced and governed by regulatory oversight with defined dispute resolution procedures.
Posted on 12/6/24 at 9:53 am to StringedInstruments
quote:
I get that people are frustrated with wealth disparity,
This has nothing to do with wealth disparity.
Posted on 12/6/24 at 9:56 am to StringedInstruments
quote:
I get that people are frustrated with wealth disparity
If this was done to the CEO of Under Armor, Southwest Airlines, or Hilton, I do not think there would be a similar response on mainstream social media.
Posted on 12/6/24 at 10:01 am to Keys Open Doors
quote:
If this was done to the CEO of Under Armor, Southwest Airlines, or Hilton, I do not think there would be a similar response on mainstream social media.
Because those are more like true free market businesses. How many people in the US truly have a choice as to what health insurance they get?
Posted on 12/6/24 at 10:03 am to StringedInstruments
Legalized thieves and murderers. People will find out anyway.
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