United Healthcare CEO assassinated.

[Tax Counsel]

They operated as an ongoing criminal enterprise via their business practices. They were going to be investigated but ultimately could have gotten off without any indictments via legislative payoffs.

It's obvious you hate the company, perhaps because conflicts you've had with it in the past. But remember that bad business practices, unfriendly practices towards their insureds, etc don't necessarily make what the company is doing criminal. I've not yet seen anything from you of evidence of actual criminal activity. It may suck to business with the company. A lot of insurance companies suck. But being a bad company to do business with is a far cry from actual criminal activity.

 

[Redemptionman]

It's obvious you hate the company, perhaps because conflicts you've had with it in the past. But remember that bad business practices, unfriendly practices towards their insureds, etc don't necessarily make what the company is doing criminal. I've not yet seen anything from you of evidence of actual criminal activity. It may suck to business with the company. A lot of insurance companies suck. But being a bad company to do business with is a far cry from actual criminal activity.

Alright TC, then I will raise you that the industrial denial of claims rate is 16% and UHC runs roughly twice that at 36%. I will also raise you a DOJ probe into their company whereby the executives dumped stock to the tune of 18 million dollars. The SEC launched an insider trading investigation.

They are an ongoing criminal concern, too bad you might not see it. Regardless of how I was treated as their customer. There business practices and should be under investigation. I uncovered legislative campaign payoffs as well to Texas and various other political organizations.

UHC is a terrible organized ponzi scheme and should be carved up and destroyed.

 

[Tax Counsel]

They are an ongoing criminal concern, too bad you might not see it.

What I see is that you strongly believe it is a criminal concern. Nothing you've said so far shows anything official showing criminal activity, certainly no convictions, no indictments, not even open criminal investigations. The stock dumping you mentioned would be an issue of stockholders potentially violating the law, not the company. The fact that they denial more claims than the industry isn't anything that proves any criminality. It is not a crime to deny more claims than your competitors. Denial of claims are civil matters — did the company breach the contract when it denied the claim?

I'm not sympathetic to insurance companies. The law firm with which I am association does a lot of personal injury litigation and insurance companies are typically funding and leading the defense of their insureds. We deal with insurance companies every day. I've seen the tactics used by insurance companies to slow payment of claims and to keep claim payouts as little as possible. While some of those tactics are distasteful, they haven't been criminal. If they were and if the crimes adversely affected our clients, we'd be all over that in a minute.

UHC appears to play hardball more than other insurers. Its method of doing business is what got it to be the biggest single health insurer in the country. Playing hardball is by itself not evidence of anything criminal, much less of any crimes committed against their insureds. Their actions can create hardship for their insureds but that's not a crime (though it is heartless) and often not even a breach of contract. Insurance companies hire lot of lawyers for a reason: they want to be able to do everything they can to maximize their profit without crossing the line into criminal actions. Their lawyers are typically quite good at setting the lines for their clients that give the insurance companies quite a bit of leeway in their actions without risking criminal prosecution for any of the company officials or board members.

 

[Foamback]

Walmart operates within the law.

Walma

 

[Foamback]

Walmart operates within the law.

Walmart is the law