• we cover more than 1,000 news per day, in 2 languages, and 83,000 stocks
Light Dark
it
italian it
english en

UnitedHealth Group CEO addresses Brian Thompson death, says healthcare system is ‘flawed'

www.nbcsandiego.com 13-12-2024 06:17 3 Minutes reading
UnitedHealth Group CEO Andrew Witty mourned the death of Brian Thompson, who led the company’s insurance arm, and acknowledged that the U.S. healthcare system is “flawed” and in need of reform. In a New York Times opinion pieces, Witty made his first public comments since last week’s fatal shooting of Thompson. Witty said the company together with employers, governments and other payers need to improve how insurers explain what is covered and how those decisions are made. UnitedHealth Group CEO Andrew Witty on Friday mourned the death of Brian Thompson, who led the company’s insurance arm, and acknowledged that the U.S. healthcare system is “flawed” and in need of reform. “We know the health system does not work as well as it should, and we understand people’s frustrations with it,” Witty wrote in a New York Times opinion piece. “No one would design a system like the one we have. And no one did. It’s a patchwork built over decades.”UnitedHealth Group’s “mission is to help make it work better,” he said.“We are willing to partner with anyone, as we always have—health care providers, employers, patients, pharmaceutical companies, governments and others—to find ways to deliver high-quality care and lower costs,” Witty added.The New York Times piece marks Witty’s first public comments since last week’s fatal shooting of Thompson, CEO of UnitedHealthcare, the largest private insurer in the U.S. UnitedHealth Group is the nation’s biggest health-care conglomerate based on revenue and its nearly $475 billion market cap, which has shrunk since Thompson’s death on Dec. 4.Luigi Mangione, 26, is accused of fatally shooting Thompson outside the Hilton hotel in midtown Manhattan as the CEO headed to UnitedHealth Group’s investor day. Investigators have said Mangione was a critic of the healthcare industry, a widely held view among some Americans.The killing has unleashed a wave of pent-up resentment and anger toward the insurance industry, which has become a popular villain blamed for spiraling healthcare costs and difficulties accessing care. From denied claims, rising premiums and unexpected bills, to an overall lack of transparency, patients have flooded social media with stories about their own negative experiences with insurance.Still, the killing comes after a challenging year for the insurers, which are under pressure to shore up profits. This year in particular, companies grappled with higher medical costs due to seniors opting for surgeries they had delayed during the pandemic. Witty acknowledged UnitedHealth Group’s role in the healthcare challenges in the U.S. “Health care is both intensely personal and very complicated, and the reasons behind coverage decisions are not well understood,” Witty said, noting that “We share some of the responsibility for that.”He did not provide specifics around what exactly could be done to reform the industry. But Witty said the company together with employers, governments and other payers need to improve how insurers explain what is covered and how those decisions are made. He also noted that behind certain claims decisions “lies a comprehensive and continually updated body of clinical evidence focused on achieving the best health outcomes and ensuring patient safety.” Witty said Thompson had done his best to help patients navigate the healthcare system.

Info

Related news
4 ways I treat myself during the holidays—they all...
21.12.24 06:15
by nbcsandiego.com

4 ways I treat myself during the holidays—they all cost $0

I’ll admit it: I buy $7 oat milk cappuccinos and chocolate croissants before I run errands on Saturdays. When my friends indulge themselves in yoga classes and an afternoon of shopping, they call it “a Meg Day.”December Meg is different. Like the vast majority of Americans, I can’t avoid feeling stressed around the holidays. I have to tighten my budget to make sure I can afford cranberry-flavored cocktails at holiday parties and the $80 Skims bodysuit on my sister’s wish list — or risk credit card debt.But when it’s cold, it’s dark and the airports are packed with people who act like they’ve never been through a TSA line before, I need extra energy to meet my end-of-year deadlines. So, I’ve come up with a happy medium. I’m continuing my usual borderline-indulgent self-care routine, but I’m substituting activities that cost $0.Here are four ways I’m making a little extra time for myself this holiday season that aren’t chores, and don’t cost a dime.Free attractionsEvery city I’ve lived in, big or small, is full of twinkling lights and free or low-cost community events around the holidays.In New York, where I currently live, museums often have designated free or discounted timeslots. You can find other free events here — like tango lessons, silent discos or stargazing on The High Line — fairly easily on social media.DON’T MISS: The ultimate guide to earning passive income onlineWhen I lived In Adrian, Michigan, I checked local college, government and news websites — plus Eventbrite pages and Facebook groups — to find those events, from holiday concerts to tree lighting ceremonies.This year, I’m attending a lights show and going to a downtown Christmas market with my family back in Grand Rapids, Michigan. My sister promises that she’ll help me refrain from buying hot chocolate in a boot-shaped mug.Window shoppingDreaming about next year’s wardrobe instead of buying it is a fairly obvious way to save cash, if you have enough self-control. But window shopping is tricky for me. I’ll never be able to resist a discounted pair of Miista boots.Instead, I take different routes home so I can see as many holiday-decorated streets as possible — a different form of window shopping with fewer financial consequences. Sometimes, someone will leave their living room lights on, and I’ll catch glimpses of evergreen trees adorned in lights, gigantic reflective red bulbs, and paper angels.Some of my co-workers pursue similar activities that activate their senses, like trying on fragrances, shopping for candles or patrolling grocery store aisle for free samples. It’s a smart suggestion: Activating your five senses is a easy way to relieve anxiety, studies find.Turn my living room into a café — or my bathroom into a spaI have two hobbies I’m actually good at — ice skating and writing — and at least 12 I’ve tried once and never picked back up again. I’d like more time to master all of them.My editor had a good idea: Grab a cozy blanket, put on your favorite playlist, make yourself a fancy hot drink and practice...

Sentiment
0.12
Bearish/Bullish
50