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Rom [he/him]@hexbear.net to news@hexbear.netEnglish ·
edit-2
18 hours ago

UnitedHealth Group: One of America’s biggest companies is imploding

www.cnn.com

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UnitedHealth Group: One of America’s biggest companies is imploding

www.cnn.com

Rom [he/him]@hexbear.net to news@hexbear.netEnglish ·
edit-2
18 hours ago
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43
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  • cross-posted to:
  • news@hexbear.net
One of America’s biggest companies is imploding | CNN Business
www.cnn.com
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UnitedHealth Group, one of America’s biggest corporations and a member of the exclusive Dow Jones Industrial Average, is suddenly unraveling.

https://web.archive.org/web/20250515204743/https://www.cnn.com/2025/05/15/business/unitedhealth-stock-ceo-investigation

Direct action gets the goods.

  • durruticore [any, comrade/them]@hexbear.net
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    17 hours ago

    he-laughed

    Why tho? Is there like a specific reason?

    • Lyudmila [she/her, comrade/them]@hexbear.net
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      16 hours ago

      Investors are mad that UHC management got scared and backed off on the blatant evil by a teeny tiny amount for a few weeks after the CEO got wasted.

      porky-scared-flipped “oh my god they’re going to kill me!”

      pronounjak-rage “HOW DARE YOU PRIORITIZE YOUR LIFE OVER MY DIVIDENDS!”

      • CthulhusIntern [he/him]@hexbear.net
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        7 hours ago

        New shorting strategy just dropped!

      • MarmiteLover123 [comrade/them, comrade/them]@hexbear.net
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        15 hours ago

        I think it’s more to do with the Medicare fraud they did. Falsification of diagnoses in order to trigger extra payments to its Medicare Advantage plans.

        https://www.reuters.com/business/healthcare-pharmaceuticals/unitedhealth-under-criminal-probe-possible-medicare-fraud-wsj-reports-2025-05-14/

        https://www.reuters.com/business/healthcare-pharmaceuticals/doj-investigates-medicare-billing-practices-unitedhealth-wsj-reports-2025-02-21/

        • Lyudmila [she/her, comrade/them]@hexbear.net
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          15 hours ago

          Holy shit they’re finally getting called on this? MA billing fraud has been like an open secret for like a decade, I’m actually shocked this is finally getting investigated. The FTC has probably gotten thousands of tip line calls on this for every single insurance company that offers MA plans.

          joker-amerikkklap

          • MarmiteLover123 [comrade/them, comrade/them]@hexbear.net
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            14 hours ago

            I think it’s because UnitedHealth took it to the extreme: there’s rumours that they were falsifying HIV/AIDS diagnosis.

            • Lyudmila [she/her, comrade/them]@hexbear.net
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              14 hours ago

              Holy shit.

              • MarmiteLover123 [comrade/them, comrade/them]@hexbear.net
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                14 hours ago

                It’s just a rumour, so it could definitely be false. But nothing surprises me these days…

      • durruticore [any, comrade/them]@hexbear.net
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        16 hours ago

        funniest shit ever

        I heard people saying about the luigi-dance that it was adventurism and wasn’t going to achieve much, turns out it wasted porky-happy billions

        he-laughed

        • Jabril [none/use name]@hexbear.net
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          16 hours ago

          Definitely adventurism but finally one that was thought out enough to both serve as a great rallying issue for the disaffected masses as well as strike enough fear into the targeted company that it sent them into a tailspin. As communists, adventurism isn’t one of our tactics but this is a rare case of it being a relatively effective tactic

          • Sinisterium [none/use name]@hexbear.net
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            15 hours ago

            Luigi isnt a communist, he could be made one, but he didnt do it (allegedly) due to any concrete leftist believes.

            • Jabril [none/use name]@hexbear.net
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              15 hours ago

              Yeah of course

        • Dessa [she/her]@hexbear.net
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          13 hours ago

          Adventurism may not be a solution, but it is part of the narrative!

        • Sinisterium [none/use name]@hexbear.net
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          15 hours ago

          adventurism as a member of an official socialist organization is dangerous, not as a rando. It was also primarily said because people on hexbear literally thought there was going to be a russian revolution 2.0 in america by Christmas.

          • Damarcusart [he/him, comrade/them]@hexbear.net
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            11 hours ago

            It was also primarily said because people on hexbear literally thought there was going to be a russian revolution 2.0 in america by Christmas.

            sicko-wistful

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