Oh please. That doesn’t make the math any more forgivable. Every investor made a choice. The fact that it’s an institutional investor and mutual funds doesn’t sever the provider of the money and their demand for returns from the ethical issues of what the companies are doing.
Don’t fail to hold equity investors like this to account because they’re holding grandma’s retirement hostage. That’s on grandma too.
Auli@lemmy.ca 6 days ago
Fuck them. Oh no the insurance company is doing what it’s supposed to instead of denying everyone like they do.
toastmeister@lemmy.ca 6 days ago
Their job is to attain shareholder value, not to legislate healthcare. If you’re relying on the charity of for-profit corporations run by shareholders then you’re going to have a sad time.
UnderpantsWeevil@lemmy.world 6 days ago
Client Profile: UnitedHealth Group
:-/
toastmeister@lemmy.ca 6 days ago
Whats your plan then, shame them for lobbying as well?
Once we have sufficiently shamed all corporations then we will live in a utopia.
tempest@lemmy.ca 6 days ago
Sure but it is sorta a treating the symptom and not the disease. Blackrock is right to sue them as a shareholder but companies should not be involved in people’s health care to begin with.
Fuctangle@sh.itjust.works 6 days ago
Actually they’re wrong to do it
NotASharkInAManSuit@lemmy.world 6 days ago
Can you explain in what way you feel Blackrock is right? Do you feel that people’s lives and healthcare are less important than share holder profits for a company that sells you the promise of covering your medical expenses because that’s what you are specifically paying them to do because they gave you a legally binding agreement to do so? How does a health insurance company insuring healthcare costs out them in the wrong? I really need a clarification here.