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$25 million UnitedHealth CEO whines about social media trashing his industry (www.thedailybeast.com)

submitted 2 weeks ago by [email protected] to c/[email protected]

134 comments fedilink hide all child comments

Summary

UnitedHealth CEO Andrew Witty criticized public outrage over the health insurance industry following the assassination of UnitedHealthcare executive Brian Thompson.

In a leaked video to staff, Witty dismissed criticism as “misinformation” and urged employees not to engage with media.

Thompson’s murder outside a Manhattan hotel has intensified scrutiny of the industry’s practices, with bullet casings found at the scene bearing phrases linked to insurance claim denial tactics.

The killing has sparked debate on UnitedHealthcare’s history of denying claims, while the shooter remains at large.

Witty faces unrelated DOJ insider trading allegations.

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[–] [email protected] 97 points 2 weeks ago (2 children)

I attended many C level meetings in a publicly traded company, grateful to be out by being fired after throwing the CTO off a cliff for sexual harrassment. Yeah, those whistleblower protection documents that I had to sign were used to wipe asses.

I can guarantee you that right now many meeting are having had where people need to come up with ideas to make the company look better without doing anything that would make them less money. They'll come up with strategies where they promise to do better, probably implement a few rules that actually make it better for 6 months or so, then they'll change it to make it worse than it is today. Potential disasters are always seen as opportunities to make even more money.

Fuck these people.

I'm now a CTO myself at a private company and we do better. We pay honest wages, also for C level (as in, I don't have an insane salary or disturbing benefits), we try not to over hire, we try not to fire. I'm the first in, the last out every day. We focus NOT on lying to customers but on actually making good products, that is why people love working with us. There are companies that are working hard to do it right.

[–] [email protected] 10 points 2 weeks ago

Y'all hiring?

[–] [email protected] 3 points 1 week ago (1 children)

This is the way.

Take away the corporate welfare and regulatory cover and let the big evil companies fail. Maybe another big, evil company will take its place but without government cover it will fail too. Eventually small, less evil companies will take their place.

[–] [email protected] 1 points 1 week ago* (last edited 1 week ago)

Honestly, I would gradually increase taxes the bigger a company becomes (financially speaking), until at some point its unsustainable to grow any further. This way companies will grow to whatever max size we want them to be, big enough to matter, small enough to not matter too much for the public good