Keep screwing over the people for the almighty dollar
vblade2003 on
Morality aside, this was always an excellent buy when it tanked a few months ago.
The company is nothing short of incredible at taking advantage of everything the US healthcare system allows them to do.
No_Paper612 on
It’s up temporarily, but I think the brand is cooked.
Doublethink_ajs on
Prolly cause their clients basically pay their own bills
SonOfKong_ on
This is recent pick up of SCHD. It is one of its top holdings.
Criticall16 on
For those who don’t know medical cost ratio basically means what percentage of premiums they received were paid out to care for sick people.
84% MCR means 16% of all money received by UNH didn’t go to treatment but to profit.
I’m a capitalist but Universal healthcare is simply a more efficient system. You eliminate MCR and instead of leakage of 16% 100% of the money goes to treat sick people and you eliminate whole departments of insurance agents, billing department, negotiation department at pharma companies, etc.
Psyched_investor on
Prior authorization declined!
Queasy-Rain1938 on
This world is so cooked
vtsandtrooper on
This headline explains why american healthcare costs more
randomthrowaway9796 on
Wow, evil abusive company makes lots of money off of overpriced necessities. Who would’ve guessed?
11 Comments
thats so bad
Keep screwing over the people for the almighty dollar
Morality aside, this was always an excellent buy when it tanked a few months ago.
The company is nothing short of incredible at taking advantage of everything the US healthcare system allows them to do.
It’s up temporarily, but I think the brand is cooked.
Prolly cause their clients basically pay their own bills
This is recent pick up of SCHD. It is one of its top holdings.
For those who don’t know medical cost ratio basically means what percentage of premiums they received were paid out to care for sick people.
84% MCR means 16% of all money received by UNH didn’t go to treatment but to profit.
I’m a capitalist but Universal healthcare is simply a more efficient system. You eliminate MCR and instead of leakage of 16% 100% of the money goes to treat sick people and you eliminate whole departments of insurance agents, billing department, negotiation department at pharma companies, etc.
Prior authorization declined!
This world is so cooked
This headline explains why american healthcare costs more
Wow, evil abusive company makes lots of money off of overpriced necessities. Who would’ve guessed?