So.. the question here is how can they invest 265 billion dollars in medical costs while also denying 2/3rds of medical claims? this makes it seem like they just can’t afford to not deny that many claims.
MrNoSouls on
So this is what they say, but it’s not exactly what is found by congressional hearing right? This doesn’t show exactly what their expenses should have been if they didn’t have the highest denial rate in the world.
juntoalaluna on
This really shows how broken the US health system is.
People blame the Insurance companies – but there isn’t a *huge* profit margin here. They can’t suddenly approve the 20% of claims they deny, because there isn’t the money. It’s broken all the way downstream as well.
wkavinsky on
“But we only make 8% margin” they cried while clearing $32 **billion** in profit last year.
5 Comments
Source: UnitedHealth Group investor relations: [https://www.unitedhealthgroup.com/content/dam/UHG/PDF/investors/2024/2025-16-01-uhg-reports-fourth-quarter-results.pdf](https://www.unitedhealthgroup.com/content/dam/UHG/PDF/investors/2024/2025-16-01-uhg-reports-fourth-quarter-results.pdf)
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So.. the question here is how can they invest 265 billion dollars in medical costs while also denying 2/3rds of medical claims? this makes it seem like they just can’t afford to not deny that many claims.
So this is what they say, but it’s not exactly what is found by congressional hearing right? This doesn’t show exactly what their expenses should have been if they didn’t have the highest denial rate in the world.
This really shows how broken the US health system is.
People blame the Insurance companies – but there isn’t a *huge* profit margin here. They can’t suddenly approve the 20% of claims they deny, because there isn’t the money. It’s broken all the way downstream as well.
“But we only make 8% margin” they cried while clearing $32 **billion** in profit last year.