Comment on BlackRock is Suing UnitedHealth for Giving “Too Much Care” to Patients After the CEO was Murdered
jballs@sh.itjust.works 1 week agoNot OP, but I revisited the article after your question on their behalf. The biggest gripe I can find is the headline mentions they’re suing for United providing “Too Much Care” in quotes. It’s mentioned in quotes later in the article as well, which would make you think that is mentioned either in the lawsuit itself or in the original CBS article referenced by this article.
I’m too lazy to check the entire lawsuit, but checking the CBS article I didn’t see anything at all that mentioned “Too Much Care”. So yeah… OP got down voted a bunch, but they might have a point. This article does seem to be a bit inflammatory and is making claims that don’t seem to be backed up by the source articles.
rocket_dragon@lemmy.dbzer0.com 1 week ago
SO, Blackrock is suing because “the public backlash prevented the company from pursuing ‘the aggressive, anti-consumer tactics that it would need to achieve’ its earnings goals.”
The “anti-consumer tactics” would be denying coverage on providing care. So, United Healthcare care was providing more care, and making less profit as a result.
Now I think the lawsuit is aimed at the earnings goals itself, and the communications around expenses, not the expenses themselves. “Too Much Care” is reductive, sensationalized, but it’s not outright incorrect.
Remember that privatized healthcare is inherently broken, because your profit model depends entirely on denying people coverage.
Ledericas@lemm.ee 1 week ago
a parasite company of another parasite company.