Late Stage Capitalism

We've never seen a better cost/benefit ratio

And Luigis life, unfortunately.

One would hope that would be a risky move. Other CEOs could be next if there are copycats. They should invest more in the military industrial complex. Those CEOs don't get assassinated, they do the assassinating. Much safer bet.

Funny you ask, they just picked Tim Noel

I get my news from memes, but I appreciate the source confirming it.

Maybe they could ressurect him and we can watch Luigi shoot him again.

That's why private healthcare is so much more expensive than public healthcare. They constantly seek more and more profits.

Americans always say their taxes will go up if they get free healthcare and yeah, no shit it needs to be paid by someone. Overall though they will pay much less than whatever insurance they are currently paying for because there is no profit involved.

It is even wilder when one considers how challenging the Canadian Healthcare System actually is to run. They are on the hook to provide every citizen duty of care over a landmass 1.6% larger than the entire US. It regularly employs helicopter ambulances for access to remote communities and has exceedingly challenging terrain and despite this Canada has lower infant mortality, maternal mortality and longer life expectancy outcomes. On the Numbeo Health Care index which ranks quality of care, doctors and facilities it outpaces the US on that metric too. The Government run Medical Services Plan also covers partial on things like Massage Therapy visits, physio appointments and various services covering based on income so more people have access to those services at affordable prices.

It does all of this on an income tax base that charges 4% less than that of the US. It's a monumental effort keeping it afloat. The amount paid to insurers in the US, not even the system just insurance is just mind-boggling from a Canadian perspective.

That’s $1575USD for each Canadian at the rounded number of 40mil, or $2258CAD.

In 2022 we spent $8563CAD per Canadian, according to the first source I found. (https://www.cihi.ca/en/national-health-expenditure-trends-2022-snapshot)

Just crunching some numbers 🤷‍♂️

Edit: continuing crunching:

For their 56m customers, that’s $479.5B CAD, or $334.3B USD if they were to spend the same amount as Canada did in 2022.

Now to find out how much they’re profiting yearly compared to how much they’re spending to find out how (roughly) how much you’re being ripped off…

Edit: computing…

Wow. Apparently they increased profit by $340% from 2023 to $168.9 in 2024. (https://m.macrotrends.net/stocks/charts/UNH/unitedhealth-group/gross-profit)

According to this source, operating costs are only in the hundreds of millions.

https://www.statista.com/statistics/622295/operating-costs-of-unitedhealth-group-by-type/

They only have numbers up to 2023 and I don’t want to have to go back and change my numbers. This is time consuming and I want to go do something else. :)

I can’t imagine operating costs rose by 340%. Someone else can finish the numbers, but my conclusion is: the situation is fucked up.

Edit: back in the morning to say, even if we said operating costs were $999 million (To keep my earlier statement accurate)(I don’t feel like finding the numbers again) and they rose 340% in the last year to 3B, that’s still $165.9 billion dollars that should be spent on health care that they’re pocketing.

Indeed - still up on this time last year.

That's per year, it's been less than 2 months since the event, the meme appears to be accurate in that way.

Our healthcare only has those problems after alot of cuts. When it used to cost more, it also used that money more efficiently and effectively. The cuts made it far worse than the respective amount of money "saved", redistributed to worse projects is more accurate.

US healthcare has all those problems and on average costs about twice what any other country spends on healthcare

USian here. We have nursing shortages and long wait times as well, and the private equity fucks taking over our system are always looking for ways to make it worse for more money. One thing they've been pushing lately is trying to widen physician/patient ratios, so that doctors spend even less time with each patient.

I believe it's true in the sense that the market cap had decreased by an amount equal to what the Canadian healthcare expenditure was for that duration of time.

It's not true in that market cap isn't directly the company's money - it's just the sum of share values.