UnitedHealthcare Is Struggling To Recover From Luigi Mangione
UnitedHealthcare is struggling to recover from Luigi Mangione
The attack on the 50-year-old executive—allegedly by the now 27-year-old Luigi Mangione—immediately sparked an outpouring of public fury not at the gunman, but at UnitedHealthcare itself.
Have they tried not being evil by design?
We tried being more evil, and when that didn't work, we doubled down. We dont know why it isn't working.
Yes, but the profit growth rate decreased marginally, which was deemed absolutely unacceptable.
They tried being slightly less evil and their shareholders sued them.
Let's not mess with Costco and costplusdrug please. Not all ceo are bad.
The shooting "tarnished UnitedHealthcare's reputation and disrupted its operational stability," Ge Bai, a professor of health policy and management at Johns Hopkins Bloomberg School of Public Health, Maryland, told Newsweek.
No, it did not, don't pin that one on Luigi.
UnitedHealthcare did that all on their lonesome, by profiteering on people's pain and suffering.
“In a statement today, interim CEO of Cockroach Inc. expressed extreme displeasure that Luigi shined a light on their roaches nest for others to see.”
The shooting helped people realise just how united they are in their justified anger
This! The shooting allowed people to start counting themselves, and it looks like UH haters are a much bigger crowd than shareholders.
Great news and this comment would get me banned elsewhere and that's why I am here .
reddit would most likely ban you, due to 2 layers of filtering system, sitewide and subreddit filters.
I'm pretty sure lemmy.world will ban you for "promoting violence", but it probably varies by community.
I don't give a single shit about the welfare or public approval of any large profit corporation. I care even less about UHC specifically.
Anyone who still works there is complicit. The entire health insurance industry needs to be taken down and everyone involved shunned from society forever. It's an atrocity.
Plenty of people join a system to try and improve it, even if that's naive.
Job market is crap right now, but anyone who feels like a cog should probably be spamming out job apps, yeah.
Either way, I can guarantee that there are a lot of employees in the company that would love to change it from the inside.
I can also guarantee that a good chunk of the company is offshore and probably doesn't care as much about how it's impacting the USA.
It sounds like you do care ❤️
I love reading a feel-good story.
We gotta take anything we read on media sites like Newsweek with a shovel of salt. Newsweek is a shadow of its former self.
That said, yeah United's stock evaluation took a huge hit. But it's still higher than it's been in decades. It's likely to turn around as these kinds of companies have a lot of tricks for restructuring and continuing business as usual. We have a long way to go before we see these kinds of companies actually fear the people they're supposed to be serving.
However, while it's understandable for consumers to get angry at their health insurers, it is also important to remember "there is no easy answer" for such companies as they navigate costs and care, Jonathan Gruber, a professor of economics at Massachusetts Institute of Technology, told Newsweek.
There is a very easy answer. Eliminate the health insurance companies. They do not improve healthcare and serve only to increase costs by extracting profit.
The profit motive does not belong in any industry of necessity.
The capitalists have metastasized into education, Healthcare, and bastardized any and all forms of food to maximize profit at the expense of their humanity.
They've brought us to our knees, and before the capitalists are done, death will be a mercy to most.
They are a wholly unnecessary middleman extracting a rent where none is due. They slow down the speed of care and needlessly complicate a very simple system.
It should not exist. They're the landlords of medicine. Entirely pointless and nothing more than a detriment to the profession, service, and function of healthcare no matter if its picking up a z-pack for bronchitis or having a tumor removed. Healthcare insurance serves no purpose whatsoever.
A single, (truly) non profit insurer that has no ability to deny coverage and is fully funded by income tax could have an administrative purpose.
I'm not a specialist of the US healthcare problem but if we believe Marc Cuban, insurance is not the biggest cost problem.
[Masters of Scale] Rapid Response: How Cost Plus Drugs is revolutionizing pharma, with CEO Alex Oshmyansky #mastersOfScale https://podcastaddict.com/masters-of-scale/episode/187310275 via @PodcastAddict
Luigi offers an easy answer
The United Healthcare AI that killed your grandmother and mine is still at large.
We can talk about Luigi's alleged crime once this systemic violence is deposed.
AI is just like the "illegals" that "stole" your job. Profits dictated that the company hire someone for much less than you. AI didn't invent itself to steal your job. AI didn't wake up and decide it's gonna let Grandma die in the nursing home. The company let AI do it, set the guidelines in which AI would come to that conclusion and ultimately pointed AI at every customer and hit the on button.
Please don't manufacture this as an AI crisis. It's a healthcare crisis caused by greedy people. End of story.
Fair point. AI is a tool.
In the hands of Anarchists, we could use AI to make Salvador Allende's CyberSyn dream come true, even without a State.
And in the hands of Capitalists, it is a tool for mass murder. That doesn't absolve the murderers. It condemns them all the more for their lack of imagination, their inability to see beyond their quarterly profits.
They're struggling to get over their own policies which were already unpopular but did serious damage once people discussed how crappy those policies were. Luigi was the spark. They built the house of match sticks and poured gasoline on it.
Nothing will meaningfully improve until the rich fear for their lives
This is the way. We've been in a class war for a generation, and we've been losing without even fighting back. Past time for that to change.
Fucking excellent. Hope we see a hundred more Luigi’s.
I think a lot about a post I read that said something like "You hate every piece of capitalism, but you won't connect the dots to see the big picture."
People want to blame the queers or the blacks or the muslims or whatever, but it's the capitalist class that's shitting up the world. That's why everything's expensive and shitty, the environment is collapsing, everyone's stressed and can't get enough sleep.
If they happen, the media will never let us see them. Just assume it's happening and we're all fed up with this shit.
Maybe they are happening and we don't hear
https://www.cbsnews.com/chicago/news/employee-charged-killing-of-trucking-ceo-crestwood/
Whilst, I understand your emotion. Always remember violence is never the answer. While, I agree one of the consequences of consensus based discussion is giving idiots a voice but by doing so is the only way forward.
You would let nazi Germany take over the world instead of going to war, because violence is never the answer?
Violence is absolutely the fucking answer sometimes.
Every right, legal or even just societal, that you have, down to fucking weekends and 40 hour work weeks existing as a concept, is because people less cowardly than you were willing to fight for them. Not fight with protest signs and stern facial expressions, but literal fights to the death. Like unions in shoot outs against the national guard kind of fights. Your platitudes are the result of brainwashing from an education system that intentionally leaves out the most important parts of history to convince us never to use the only tool that’s ever worked.
1st, Luigi didn't do it.
2nd, when was Brian Thompson's killer the CEO of United...?
This Luigi didn’t do it thing is so odd, and yes I’ve seen the photos, you would be amazed at how body hairs vanish depending on camera type, lighting and resolution.
I for one am of the proud opinion that Luigi did it and he’s a god damn hero for it. He did it and praise be to Luigi, i wish more of us had his courage
Makes a ghost gun. Keeps it, doesn't dispose of it. Walks around in public with said gun on his person, as well as a "manifesto." Gets "caught" because of his fake id that a McDonald's cashier clocked.
Yeah. He totally did it.
And I am a proud believer that he is innocent, that police officer absolutely planted a gun in his backpack, with their body camera off.
Free Luigi, and compensate him with a few million dollars from United Healths bloated coffers for inflicting so much anguish on this innocent young man.
If you mean praying for them to go under, yeah
We can just hope/for them to get better; but, for us, "better" means "not be absolute dicks".
Until the US joins the rest of the G7 and invests in its people as a resource to safeguard instead of one to strip-mine, it's gonna need some org to manage healthcare. Best it be one that knows the consequences, than otherwise.
Prosecute United Healthcare for murdering their policy holders.
Literally murdering. They were asking healthcare providers at assisted living facilities to change elderly patients' records to add DNRs that the patients hadn't authorized.
Literally altering medical records to make sure people die instead of costing money.
I can't even start to understand how a healthcare organization has a stock price. They should be nonprofits to start with.
And this brings up the other thing they are struggling to recover from. They were sued by blackrock for taking care of people too well.
Blackrock, that investment firm that you can't even divest from because your pension is tied to it. Which really peels back some layers on root cause analysis. Because blackrock and vanguard get management of this money pretty much by default when there is an institutional pension they have fuck you money. As in fuck you, it's my money till 40 years in the future.
The Healthcare United CEO is just middle management. All he's doing is taking orders in hopes doing that enough means his company survives. If he doesn't then the private equity firms and banks just fund the guy who will.
Larry Fink is the real management.
They weren't sued for helping take care of people. It was a misleading headline. Theyre getting sued for failing to commit to taking care of stock holders.
As a Pro Life Jesus Loving Republican I think this is TERRIBLE! That UnitedHealthcare is LOSING Money! If we don't Donate and Help them HOW will their CEO be able to Afford a NEW Yacht while MURDERING Tens of Thousands of Americans? That Thought makes my HEART Weep!
Genuine question, are you ok? I see you commenting like this on A LOT of threads
I'm hoping it's just overuse of sarcasm, but it's hard to tell these days.
I know very few people who feel OK lately. I think it'd be more concerning if someone was OK.
Presumably the artisté is working
Oh no! Anyways...
Oh no that’s unfortunate.
Oh no...
Anyway
Is he wearing a bulletproof west in that picture?
That vest is absolutely not bullet proof. That's a shank vest. It can stop knives and small arms, but any larger firearm would go right through it. It's the type of vest you wear under your clothes for some protection. They're clearly using it for theater.
yes
Good
"corporate tragedy"
The Shakespeare of our time
Isn't this headline a bit legally sketchy being at he's not been sentenced yet
Good :D
I mean due to unfortunate timing my job switched over to them, but right before so they didn’t get to negotiate very well.
Good
Interesting wording in That headline. Associating guilt in what to most people will see as a positive thing.
Luigi broke the propaganda machine.
A lot of reddit finally accepted that their darling is a heavily censored space and its primary goal is narrative shaping operations. Reddit and media as a whole failed this one and many people got woke on the issue of heavy censorship which they called "modding"
reddit immediately tried to censor the news like 2 weeks when he shot the guy, i was pointing out how it just suddenly vanished.
Good. Very good.
The fact that Andrew Witty and Stephen Hemsley have survived is a failure of the American people at large.
both are from the uk, and witty worked for GKS a pharmaceutical british company before united health, hes no stranger to this type of shit.
Bold of the writers to chose the word "Recover" as related to Luigi. Could have been something like, "United Healthcare Struggles to Resume Exploitation After Luigi" or "Unites Healthcare Struggles to Interfere with Healthcare after Lugi".
Pretty sure their struggles aren't b/C of Luigi. It's b/c they murder people.
Good. money was made on denying people healthcare. Mangione (allegedly) killed one person, but the CEO was responsible for the deaths of thousands. didn't the UH CEO also create an AI to automatically deny claims too? what a shithead
If only he had been born a corporation, they would only have charged him a fraction of any profit he made doing it.
Luigi allegedly killed one man
United Health kills thousands on a regular basis
EDIT: .... thanks for the clarification (I'll remember it from now on)
Luigi has yet to be convicted of anything, but the sentiment remains.
That's even better
Luigi allegedly killed one man
United Health most definitely kills thousands on a regular basis as a matter of company savings and profits
I should additionally mention that I find the evidence that has been publicized so far has not convinced me they even have the right fucking guy
ALLEGEDLY
I would actually pay real money to be on that jury.