re: UNH's UnitedHealth CEO shot and killed

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Much of the revenue — $232 billion — came from insurance premiums.

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This is what so many people miss. This is where the bulk of revenue from any insurance provider comes from.

Sure, managing costs is always part of that but UHC isn't the largest healthcare provider in the world because they deny coverage or claims. They're the largest healthcare provider in the world because they insure the most lives and receive the most in premiums. This allows them leveraging power in many places with competitive reimbursement rates.

Locally here, it's the reverse of say Ochsner. My daughter had about 10 weeks of PT from a running injury and went to Ochsner PT for a month since we went to an Ochsner Ortho who is a friend of mine. The cost, $267/visit. Because they only bill PT monthly we didn't even catch it until a month in and then we switched her to another PT clinic where our out of pocket cost was $70/visit.

Some of that was how Ochsner billed it (in 4 x increments of 15 minutes) but the vast majority was simply due to what their contracted rate was compared to other PT's in the area.

Morale of the story...the bigger you are, the more power you have to leverage lucrative agreements.

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You've been wrong on every account.

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Is that like being hyper focused on one charts source while ignoring the other mountains of evidence against your beloved company?

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A Clark County, Nevada, jury agreed with TeamHealth that United engaged in unfair reimbursement practices by deliberately failing to pay frontline emergency room doctors adequately for care provided to patients. The jury assessed about $60 million in punitive damages against UnitedHealthcare, finding it was guilty of fraud and malice in its conduct.

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But the chart is wrong he screams.

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But the chart is wrong he screams.

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1) It's been proven to be inaccurate...

2) Your post doesn't support the claim that UHC denies 1/3 of it's claim. Companies get sued all the time. Hospitals too...

LINK

CMS accuses MD Anderson of putting patients in jeopardy

Guess MD Anderson is an awful hospital, huh?

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This thread is fricked with all this off topic insurance industry banter.

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I find the people defending health insurance companies weird

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They are the biggest name in the game and their success/growth depends upon denying people necessary medical care.

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This is true for all publicly traded insurance companies, which most are. But people cream themselves over a perceived free market for everything, so here we are. If your insurance company has an obligation to shareholders and patients, we all know who gets stiffed first...

It's reassuring to know some wall street guys are banking from creating those "death panels" people were so afraid of.

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Doesn’t sound like capitalism at all to me.

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Its crony capitalism, which is anti free market.

We need competitive markets where you can shop your own policies.

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Anthem Blue Cross Blue Shield axes plan to impose limits on surgical anesthesia after threats, widespread condemnation

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I find the people defending health insurance companies weird

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This board was (rightfully) hammering the UK's "death panels" a few years ago and now some of the same people are saying "ok bro but how will the insurance companies stay in business if they pay for everything your doctor says you need"

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I find people rooting for a murderer to get away weird

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I’m wondering what the coverage/opinions be if it was a Pro-lifer killing an abortionist.