Text Originally posted Dec, 04, 2024
We do not yet know the motive for the assassination of UnitedHealthcare CEO Brian Thompson. But it would not surprise me if the killer stalked Thompson because UnitedHealthcare had denied medical coverage, or forced a family or an individual into bankruptcy, after the company failed to cover a serious illness. Insurers reject about 1 in 7 claims for treatment, often by deciding the treatment is not “medically necessary.”
Among 10 high-income nations, the United States spends the most on health care but has the worst health outcomes. Americans die four years earlier than their counterparts in other industrialized nations.
There are more than 200 million Americans who rely on private health insurance, but once they become seriously ill, they are often tossed aside, left with crippling medical bills and unable to receive adequate treatment. Exorbitant medical bills account for about 40 percent of bankruptcies. Many of those driven into bankruptcy because of medical bills had medical insurance.
The revenue of six largest insurers -- Anthem, Centene, Cigna, AVS/Aetna, Humana and UnitedHealth -- have more than quadrupled from 2010 to $1.1 trillion. Combined revenues of the 3 biggest -- United, CVS/Aetna and Cigna -- have quintupled.
These corporations, in moral terms, are legally permitted to hold sick children hostage while their parents bankrupt themselves to save their sons or daughters. That many die, at the very least premature deaths, because of these policies is indisputable.
Nothing absolves the killer of Thompson, but nothing absolves those who run for-profit health care corporations that embrace a business model that destroys and terminates lives in the name of profit.
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