Just days after a Commonwealth Fund report showed that American families’ are having to send health insurance companies more and more of their income every year even as their deductibles skyrocket, the biggest insurer reported massive 2021 profits and told investors to expect even higher 2022 profits.
Ahh but of course you’re missing a key graph. So what did UHG do with that profit? Surely they’d return it to the employees that worked to the point of burnout in helping them generate those profits. Umm. No. The average employee will see merit increase of less than 2%. And what about bonuses? The pool will be funded at 80% again. I can’t wait to see the upcoming proxy. How much did the top keep for their selves???
Wendell, I certainly enjoyed hearing your updates of the health care crisis on the HCA-LA webinar earlier tonight. I once benefited from AARP-UHC Medicare supplemental Plan F until I found an insurance agent who found me a much cheaper plan with United World/Mutual of Omaha. $71/month less. I didn't realize that the supplemental coverage is the same for every company. Many seniors are unaware of the SHIP/HICAP ( in CA.) counselors who can help them to navigate the maze of plans. Traditional Medicare and the supplemental have covered my expensive health care at Stanford Hospital. I am guessing I have had a bill close to $500,000 there over the past 3 years with 4 operations, etc. I would be homeless if I didn't have Medicare and probably wouldn't have been able to get the care I have been getting. I am anxiously waiting the Assembly floor vote on Thursday or Monday. The whole country is counting on us!! Thanks, again!!
"UHC announced ongoing growth in its revenue cycle management operations, facilitating effortless reimbursement, much to the delight of members"..."it was just so easy, I woke up, and UHC had debited the money from my account! No muss, no fuss!"
Ahh but of course you’re missing a key graph. So what did UHG do with that profit? Surely they’d return it to the employees that worked to the point of burnout in helping them generate those profits. Umm. No. The average employee will see merit increase of less than 2%. And what about bonuses? The pool will be funded at 80% again. I can’t wait to see the upcoming proxy. How much did the top keep for their selves???
Wendell, I certainly enjoyed hearing your updates of the health care crisis on the HCA-LA webinar earlier tonight. I once benefited from AARP-UHC Medicare supplemental Plan F until I found an insurance agent who found me a much cheaper plan with United World/Mutual of Omaha. $71/month less. I didn't realize that the supplemental coverage is the same for every company. Many seniors are unaware of the SHIP/HICAP ( in CA.) counselors who can help them to navigate the maze of plans. Traditional Medicare and the supplemental have covered my expensive health care at Stanford Hospital. I am guessing I have had a bill close to $500,000 there over the past 3 years with 4 operations, etc. I would be homeless if I didn't have Medicare and probably wouldn't have been able to get the care I have been getting. I am anxiously waiting the Assembly floor vote on Thursday or Monday. The whole country is counting on us!! Thanks, again!!
"UHC announced ongoing growth in its revenue cycle management operations, facilitating effortless reimbursement, much to the delight of members"..."it was just so easy, I woke up, and UHC had debited the money from my account! No muss, no fuss!"