this post was submitted on 12 Dec 2024
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Hey, let's not discredit the amazing work that Brian Thompson accomplished as CEO! Before his joining UnitedHealthCare in 2022, their denial rate was 8%. Then, only one short year later, he managed to successfully drive that denial rate up to almost 28%! As the UnitedHealthCare conglomerate served some 122 million Americans that year, you can easily discern that Brian Thompson was directly responsible for ensuring that ~24 million Americans had their claims denied. Imagine how much less UHC would have made for their investors if they had to pay an addition 24 million American's health care claims!
So before giving all the credit to the board members and share holders, let's take a moment to understand exactly how hard Brian Thompson worked to ensure some ~24 million Americans went without doctor-approved medical support that they previously were entitled to.
All this data is publically available on Wikipedia, by the way.