Vacation4us said:
Gross. A man was shot in the back and murdered. Anyone who thinks Luigi is a hero is delusional.
I don't think he's a hero, but I'm also not going to have a single shred of sympathy for this UHC CEO.
1) The insurance industry is a big aspect of why healthcare is unaffordable for so many in America, and UHC is bad even by industry standards. Double the industry average on denied claims
2) The CEO specifically came up through their Medicare Advantage program, and Medicare Advantage is probably the scummiest form of health insurance on the planet. Basically all of them prey on elderly people, cold calling them and trying to trick them into thinking they have to switch off their regular medicare to an advantage plan, often resulting in hugely increased costs and decreased coverage for them. UHC in specific has also been found to be scamming medicare in multiple cases as well.
3) UHC was being investigated by the DOJ, and had known it since last October. In February, shortly before the investigation was going to be announced publicly, he sold $15m in shares, outside of his company trading window, and without going through their exception process. There is no question in my mind the timing of the sale was to maximize his own personal profit before the investigation caused the share price to drop.
This man screwed over everyday people with his top-down policies to maximize denials. He screwed over the elderly in particular with medicare advantage. He screwed over the government, and thus all taxpayers. He screwed over everyone that had UHC in their portfolio, be it a regular person with it held as part of an index fund as part of their 401k or the investor class actively investing large quantities of money.
There's basically not a single portion of society that this guy wasn't cheating, and often in a way that had a direct influence on their quality of life and even length of life.