Hmmm, A brit nobility running a US Healthcare Insurer

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  #1  
Old 05-13-2025, 07:12 AM
CoachKandSportsguy CoachKandSportsguy is offline
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Default Hmmm, A brit nobility running a US Healthcare Insurer

UnitedHealth CEO Andrew Witty is stepping down for personal reasons and the nation’s largest health insurer suspended its full-year financial outlook due to higher-than-expected medical costs.

Andrew Witty - Wikipedia

Good riddance. Brit nobility has little concern with citizenry, and American independence. Leaving for personal reason, ie, much more difficult environment with backlash, threats, and poor press for denying claims, and running a medical extortion company.
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Old 05-13-2025, 09:54 AM
Aces4 Aces4 is offline
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Originally Posted by CoachKandSportsguy View Post
UnitedHealth CEO Andrew Witty is stepping down for personal reasons and the nation’s largest health insurer suspended its full-year financial outlook due to higher-than-expected medical costs.

Andrew Witty - Wikipedia

Good riddance. Brit nobility has little concern with citizenry, and American independence. Leaving for personal reason, ie, much more difficult environment with backlash, threats, and poor press for denying claims, and running a medical extortion company.
Hmm.. Unitedhealthcare is our Medicare supplemental policy and they haven't denied any of our health claims.
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Old 05-13-2025, 11:45 AM
CoachKandSportsguy CoachKandSportsguy is offline
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Hmm.. Unitedhealthcare is our Medicare supplemental policy and they haven't denied any of our health claims.
Sample size 1

You should talk with some hospital leaders about UHC and their practices. Many articles about deny and delay tactics. . .

Following killing of UnitedHealthcare CEO, stories flood social media of denied insurance claims | CNN Business
https://www.reddit.com/r/mealtimevid...are_explained/
Inside UnitedHealth’s Effort to Deny Coverage for a Patient’s Care — ProPublica
Duke University Health System Addresses UHC Negotiations | Duke Health
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Old 05-13-2025, 12:25 PM
Whatnext Whatnext is offline
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Not Brit nobility. Became a Sir after working for former Prime Minister David Cameron.
Soccer, rugby players, all get Knighthoods if face fits. Sounds good, means nothing.
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Old 05-13-2025, 02:09 PM
Aces4 Aces4 is offline
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I, personally, don't find the sources you've cited to be unbiased. But if you could cite studies, I would be more than willing to consider reading those.

If one connects healthcare with the stock market, what more can be expected? The healthy dividend payouts to those who have done nothing, stockholders, is a big problem with all health care at this point. Also, staying ahead of fraud in health care treatment is an immense expense.

Am I excusing United Healthcare? Absolutely not, but I would like substantial, unbiased study reports to examine the entire issue. United is one of the largest but I suggest there isn't a health insurance company out there which will rubber stamp tests, treatments and care. Is healthcare a mess? Oh yeah, with medical professionals bailing out and medical student numbers have dropped for three years in a row.

Patients are regularly billed for their costs which include in the balance those who won't or can't pay. As I said, it's a mess. National healthcare, however, isn't the answer.

This same type of problem is "bleeding" over into home, auto and other insurance systems.
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Old 05-13-2025, 03:03 PM
rustyp rustyp is offline
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No need to fret. We have been to this movie several times in the past. Too big to fail !
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Old 05-13-2025, 06:13 PM
CoachKandSportsguy CoachKandSportsguy is offline
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Originally Posted by Aces4 View Post
I, personally, don't find the sources you've cited to be unbiased. But if you could cite studies, I would be more than willing to consider reading those.

If one connects healthcare with the stock market, what more can be expected? The healthy dividend payouts to those who have done nothing, stockholders, is a big problem with all health care at this point. Also, staying ahead of fraud in health care treatment is an immense expense.

Am I excusing United Healthcare? Absolutely not, but I would like substantial, unbiased study reports to examine the entire issue. United is one of the largest but I suggest there isn't a health insurance company out there which will rubber stamp tests, treatments and care. Is healthcare a mess? Oh yeah, with medical professionals bailing out and medical student numbers have dropped for three years in a row.

Patients are regularly billed for their costs which include in the balance those who won't or can't pay. As I said, it's a mess. National healthcare, however, isn't the answer.

This same type of problem is "bleeding" over into home, auto and other insurance systems.
As I first typed, talked to actual people in hospitals, and they will tell you. Becker hospital review is behind a paywall, but MA has had to petition legislature to get them to pay. .

There are hospital studies, i have read them. . . I just can't provide links behind paywalls
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Old 05-13-2025, 07:17 PM
barbara828 barbara828 is offline
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ditto. 3 surgeries and PT. So far paid 18.18 - must be watching TV
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Old 05-13-2025, 07:43 PM
Aces4 Aces4 is offline
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As I first typed, talked to actual people in hospitals, and they will tell you. Becker hospital review is behind a paywall, but MA has had to petition legislature to get them to pay. .

There are hospital studies, i have read them. . . I just can't provide links behind paywalls
I understand.
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Old 05-14-2025, 06:10 AM
Gunny2403 Gunny2403 is offline
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Then consider yourself fortunate. My experience has been the opposite
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Old 05-14-2025, 06:25 AM
MandoMan MandoMan is offline
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Originally Posted by CoachKandSportsguy View Post
UnitedHealth CEO Andrew Witty is stepping down for personal reasons and the nation’s largest health insurer suspended its full-year financial outlook due to higher-than-expected medical costs.

Andrew Witty - Wikipedia

Good riddance. Brit nobility has little concern with citizenry, and American independence. Leaving for personal reason, ie, much more difficult environment with backlash, threats, and poor press for denying claims, and running a medical extortion company.
“Knighthoods are typically awarded for outstanding achievements, service, or contributions to society, rather than being a hereditary title.”

I read your link. It says, “On 15 May 2024, a class action lawsuit was brought by the City of Hollywood Firefighters' Pension Fund alleging that Witty and two other UnitedHealth Group executives were involved in insider trading in 2023. The suit alleges that in addition to Witty, Brian Thompson and Stephen Hemsley sold a combined total of $120 million of UHC stock four months before shareholders and the general public were informed that the company was being investigated by the United States Department of Justice in regard to an antitrust suit involving Optum's potential buyout of Change Healthcare.” “Fortune [magazine] pointed out that UnitedHealthcare reported twice the industry average for denied claims and that "their policies contribute to medical bankruptcies and lives lost due to denied care, highlighting widespread anger at systemic issues in U.S. health care".”

I do NOT like companies that deny claims in order to raise profits. I also think he was earning far too much money. However, I really don’t like your slurs against the UK and its citizens. Do you think British citizens don’t understand freedom and appreciate independence? It looks to me like Witty has worked very hard and been of enormous service to humanity. He deserved his knighthood. It’s not something that can be passed down to his children, and it doesn’t come with money. It’s more like an Honorary Ph.D. In this country. (For example, the great bluegrass banjo player Ralph Stanley received an honorary doctorate for service to music, even though he never went to college, and thereafter called himself Dr. Ralph Stanley.) In England, for centuries, knighthoods were by custom bestowed on men who served as mayor of their major city (usually serving for only one year). They weren’t nobility, and in some cities they received no salary for their work. It was all about the glory, part of which was the knighthood. But they received no training in being a knight and weren’t expected to go to war. Witty’s knighthood is similar.
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Old 05-14-2025, 06:46 AM
CoachKandSportsguy CoachKandSportsguy is offline
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“Knighthoods are typically awarded for outstanding achievements, service, or contributions to society, rather than being a hereditary title.”

I read your link. *****. Witty’s knighthood is similar.
My observed effect is called "feeling entitled", and knighthood/Sir titles can amplify the personal assumption of entitlement, not to everyone, just to those who are predisposed. I have worked under two UK company ownerships, and 2 US company ownerships of UK companies. The management styles are completely opposite, and there is much less meritocracy in UK management style, than in the US style. The UK mgmt style is more about friends and family than being a high class competitor. (I have had to work with a few of the friends and family in my career) There are other similar behaviors in other parts of the culture which clashes with American structures, including in finance.

So I might have some experience, although my US family origins escaped England in the 1630's, and I love visiting England, there are significant cultural differences which can cause differing attitudes around common ethical situations.
  #13  
Old 05-14-2025, 06:51 AM
Rzepecki Rzepecki is offline
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Hmm.. Unitedhealthcare is our Medicare supplemental policy and they haven't denied any of our health claims.
Apples and oranges. If Medicare approves payment for a service, your supplemental plan is legally obligated to pay their 20%. No decision is required on UHC’s part.
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Old 05-14-2025, 08:40 AM
Charsaunt Charsaunt is offline
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Quote:
Originally Posted by CoachKandSportsguy View Post
UnitedHealth CEO Andrew Witty is stepping down for personal reasons and the nation’s largest health insurer suspended its full-year financial outlook due to higher-than-expected medical costs.

Andrew Witty - Wikipedia

Good riddance. Brit nobility has little concern with citizenry, and American independence. Leaving for personal reason, ie, much more difficult environment with backlash, threats, and poor press for denying claims, and running a medical extortion company.

For a moment forget about claims being denied or paid. Don't you remember what happened at the end of last year? A man was brutally gunned down in NYC by a depraved coward who shot him twice in the back. The fact that he was a health insurance executive, to some people, seems to make this incident reasonable.

Please tone your anti-health care bias down a notch. You don't know how your words affect some deluded souls.

Lastly, where would any of us be without these health care systems?? Are they perfect? No. But neither are we.
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Old 05-14-2025, 09:27 AM
GWilliams GWilliams is offline
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Quote:
Originally Posted by CoachKandSportsguy View Post
UnitedHealth CEO Andrew Witty is stepping down for personal reasons and the nation’s largest health insurer suspended its full-year financial outlook due to higher-than-expected medical costs.

Andrew Witty - Wikipedia

Good riddance. Brit nobility has little concern with citizenry, and American independence. Leaving for personal reason, ie, much more difficult environment with backlash, threats, and poor press for denying claims, and running a medical extortion company.
But they have great socialized medicine allowed by Nobility
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