30k people per year die in the US because they are uninsured or under insured. He was working on his second $100 million or whatever.
If we have to have morality lets get it straight.
It is an easy call the vast majority of those die are single older mothers. Something a certain segment of worthless little men ignore.
Just thought I’d add another thread on the news.
DB2
I wonder if it was someone upset about a “pre-authorization approval”?
It’s pretty rare for CEOs to suffer any consequences for their behavior. (Not condoning the killing – I’d prefer we jail more of them.)
intercst
Just idle speculation…will this instigate calls to search for, and imprison, “Communists” as “terrorists”? The CEO of Renault was murdered by Communists, so why not start the claims on Fox Noise that the shooter this time was a Commie?
There is obviously nothing we can do other than offer T&P.
I don’t condone this either, but it will be interesting to see if this is an example of Frontier Justice.
Something actually investment related, I wondered why my Humana was smacked today. Elevance Health down 1.95%, Cigna down 1.01%, HUM down 1.08%.
Interesting market reaction with UNH. Thompson was killed before market open. Previous close for UNH was $605.23. Opened this morning at $611.02. The stock quickly shot up to $622.83. Closed at $610.79 for a gain on the “news” of 0.92% How is that an endorsement of a CEO? “He’s dead. Yay!”
Steve
"The motive for this murder currently is unknown,
There are tens of millions of people that would never go this far but they all have the motive.
Oh, I think it’s pretty clear. Today’s NYT:
The police are now investigating apparent messages left on bullet casings at the scene of the shooting, according to two law enforcement officials. Ballistics testing is continuing, the official said, but the casings appear to have been inscribed with words including “delay” and “deny” — potentially references to ways that health insurance companies seek to avoid paying patients’ claims.
“Despicable justification”
Totally agree.
“Woke establishment is getting more and more intolerant”
Pot calling Kettle Black ?
Who exactly is the driving force against any gun control reform ? Sure ain’t the “Woke Establishment”.
The odds are that America is going to see more of this in the next few years. Maybe if it’s not just school kids paying the price for fealty to the NRA gun lobby, something will change.
Say that about January 6, 2021…
Of course not. But then, what is the solution?
People who are denied care from insurance they pay for have little to no recourse. Insurance companies’ profiteering takes lives and financially ruins many of their clients. Are those people justified in comitting violence, maybe not. Should we expect desperate people to do desparate things…probably.
Be a part of the solution with dismantling and rebuilding towards a prosperous future OR be skeptical and sulk on the sidelines wishing for it to fail.
Either way, its going to happen.
Bezos is optimistic. Private sector is getting involved in the Government reform. Growth !
Bezos, is going to make things better for the average person? Seriously dividends I wonder what is wrong with you.
They know what happens to people who do not fall in line behind the “strong leader”, sing the company song, and tell him what he wants to hear.
Of course they have recourse. The statistics overwhelmingly show that every denial should be appealed vigorously. Very few are. It’s not easy or simple, but that is the only viable recourse.
In my opinion ,the best solution is universal basic health care funded by taxes, but that may be decades away.people need to be their own advocates, and companies that use denial of claims as a way to increase profits should be sued using the class action suits if their claims denials are substantially above the average or a vast percentage of appealed claims are overturned. I strongly support c-suite penalties for egregious behavior as well.
Jk
In 2014 Nick Hanauer wrote an open letter to “fellow zillionaries”
You probably don’t know me, but like you I am one of those .01%ers, a proud and unapologetic capitalist.
Seeing where things are headed is the essence of entrepreneurship. And what do I see in our future now?
I see pitchforks.
If we don’t do something to fix the glaring inequities in this economy, the pitchforks are going to come for us.
https://www.politico.com/magazine/story/2014/06/the-pitchforks-are-coming-for-us-plutocrats-108014/
Bezos has created millions of jobs and his employees have become rich by working hard and being productive for the society.
Probably not true!
JimA
People who are sick and facing painful and often life threatening illnesses are unable to pursue long, protracted, expensive appeals that take months or years to pursue. When I was still practicing law, I once appealed a small, roughly $8,000 bill denial for an elderly lady for free. It took me nearly a year to get all the way to federal court to get a reversal and I wrote off way more than $8,000 in time and expenses. The insurance companies make billions in profits because their victims are too sick to survive the long and protracted appeal process.