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

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

www.cnn.com

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  • cross-posted to:
  • news@hexbear.net
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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
19 hours ago
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48
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  • cross-posted to:
  • news@hexbear.net
One of America’s biggest companies is imploding | CNN Business
www.cnn.com
external-link
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.

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  • zod000@lemmy.ml
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    17 minutes ago

    Just imagine how much the superior Mario brother could have done!

  • Fox [he/him]@vegantheoryclub.org
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    3 minutes ago

    deleted by creator

  • Maeve@kbin.earth
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    57 minutes ago

    UnitedHealth also swiftly abandoned its financial guidance, blaming skyrocketing medical costs.

    Gee, I wonder who drove these skyrocketing medical costs?

    • Rom [he/him]@hexbear.netOP
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      18 minutes ago

      wonder-who-thats-for

  • vegeta1 [he/him]@hexbear.net
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    6 hours ago

    They’re like hydra. Cut off one and some more shitty companies will take its place.

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

    Between this, and the Japanese cult actually dying after the-doohickey , anti-adventurism guys are in shambles.

  • TheBroodian [none/use name]@hexbear.net
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    12 hours ago

    Thank you luigi-dance

  • BeamBrain [he/him]@hexbear.net
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    11 hours ago

    Direct action gets the goods

  • Awoo [she/her]@hexbear.net
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    14 hours ago

    Adventurism has a 100% success rate in the last 10 years so far.

  • Sulvy [he/him, comrade/them]@hexbear.net
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    15 hours ago

    Holy shit, a company of that size being under investigation for Medicare fraud is big news. The government takes getting defrauded very seriously and I’m pretty sure Medicare and Medicaid fraud requires repayment 10x.

    We’d be talking tens of billions, if not hundreds, in penalties if the system wasn’t so fucking corrupt. I’d bet they get a slap on the wrist though.

    • AnarchoAnarchist [he/him, comrade/them]@hexbear.net
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      14 hours ago

      Just ask Senator Rick Scott, former Governor of Florida, how likely someone is to see real consequences for defrauding Medicare.

      • goferking (he/him)@lemmy.sdf.org
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        13 hours ago

        And the people who keep voting for him still just blame poor people for being welfare queens not the ones committing the majority of fraud/waste

  • MolotovHalfEmpty [he/him]@hexbear.net
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    14 hours ago

    the-doohickey

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

    Organizing is bullshit, do Adventurism!

    • D61 [any]@hexbear.net
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      13 hours ago

      second-breakfast Why not both?

      • PolandIsAStateOfMind@lemmygrad.ml
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        44 minutes ago

        +

      • Ildsaye [they/them]@hexbear.net
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        12 hours ago

        owned

    • freagle@lemmygrad.ml
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      14 hours ago

      Abe, United Health, Kid Starver’s car…

  • Homer_Simpson [they/them]@hexbear.net
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    16 hours ago

    Can’t wait for their even worse replacement

    • CloutAtlas [he/him]@hexbear.net
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      15 hours ago

      BalkanizedHealth, the new company that stri-

      This just in, BalkanizedHealth CEO was shot dead by Waluigi Mangione

      • Ildsaye [they/them]@hexbear.net
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        12 hours ago

        Allegedly

    • Le_Wokisme [they/them, undecided]@hexbear.net
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      15 hours ago

      waluigi?

  • culpritus [any]@hexbear.net
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    17 hours ago

    So Witty was the CEO before Thompson, and iirc Thompson was basically a fall guy installed to shield Witty from investigations into all kinds of shady shit going on. So Witty came back after the shooting, and then left again for “personal reasons”. Hopefully Witty gets his just deserts eventually.

    • miz [any, any]@hexbear.net
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      16 hours ago

      different corporations:

      • Witty stepped down as CEO of UnitedHealth Group
      • Thompson was CEO of UnitedHealthcare, a subsidiary of UnitedHealth Group
      • hotcouchguy [he/him]@hexbear.net
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        13 hours ago

        How are we, as a bunch of communists, supposed to keep track of all these obscure splits and near-identical names?

        • miz [any, any]@hexbear.net
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          13 hours ago

          janet-wink

        • D61 [any]@hexbear.net
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          13 hours ago

          The diving line between those of us who’ve read the histories and those of us who just post on hexbear. quokka-smile

  • LocalOaf [they/them, she/her]@hexbear.net
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    18 hours ago

    luigi-dance

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

    he-laughed

    Why tho? Is there like a specific reason?

    • Lyudmila [she/her, comrade/them]@hexbear.net
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      17 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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        8 hours ago

        New shorting strategy just dropped!

      • MarmiteLover123 [comrade/them, comrade/them]@hexbear.net
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        16 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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          16 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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            15 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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              15 hours ago

              Holy shit.

              • MarmiteLover123 [comrade/them, comrade/them]@hexbear.net
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                15 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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        17 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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          17 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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            16 hours ago

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

            • Belly_Beanis [he/him]@hexbear.net
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              1 hour ago

              He also has a lot of problematic, reactionary views. If he was the actual assassin, he did it because it affected him personally, not because he’s against the system itself. It’s rightwing infighting coming home to roost.

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

              Yeah of course

        • Dessa [she/her]@hexbear.net
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          14 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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          16 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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            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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