This is disgusting. Break them up. I guarantee you they spend a pretty penny to own half of Congress and they're probably a key reason our healthcare is getting so terrible and overpriced.
@@R3tr0v1ru5 What free market? It literally can't get any worse, and the entire system is controlled by a few monopolies, and they bribe the gov to avoid regulations. We have one of the worst systems in the developed world, so at least make it free instead of for-profit.
i worked in the medical field for 8 years and during those 8 years i noticed that the billers always hated working with united health care claims , they would just find way of not paying for services
Yup. Current medical biller, and they are my most disliked insurance to deal with. They come up with new reasons all the time to reject claims, and if all else fails, they just pay you wrong. Everything is a fight with them and costs your doctor more money to deal with in the end. Fewer options and monopolies will never be a good thing.
Wow, you found that too? I as the end user hated them since I started noticing less and less providers accepting them. If I may ask what were you working as?
@@joehopkins9749 You know what, guys? I have something to share with you. I recently started working with Robin Brezik and it has been a game-changer for me.
@@abircocci8157 They offer investment advice and help me with my investment goals, building my portfolio and also retirement planning. They are very professional and knowledgeable, and they tailor their services to my needs and preferences.
I worked for United Health Care briefly and there's one thing I cannot forget, we spent DAYS discussing the whole company understanding each separate department and entity and I can tell you, days are not enough to fully grasp the extent of how big this company is. People would be calling in and asking for help about a specific service from a company I've never heard of, so I tell them that it's not us, until the end of the day when I talk to my manager and learn that that company is under United Healthcare. LOL
If you have UHC health insurance, good luck finding providers that are in the UHC network. The hospital that I worked at prior to retirement would not take UHC. UHC just would not pay for services.
I had UHC from my employer, left that company as fast as I could, if your employers provides u UHC, you know they give 0 about your health and well-being
I work for a small doctors office as the biller. More often that not I see claims being paid by UHC then “reprocessed,” by UHC and then retroactively denied leaving me and the patient to appeal the retroactive denial.
Thank you for the video, I found out that investing is not for everybody, you just need a strong stomach too see your portfolio go down. It might be wiser for a novice to start with copy trading investing, but it is not easy. To invest in growth stocks it is another level, definitely you need to know what are you doing.
From my own point of view, you need to invest smartly if you need the good things of life. so far i've made over $255k in raw profits from just 6 months into the market from my diversified portfolio strategy and i believe anyone can do it you have the right strategy, mutual funds takes long time but investing smartly is the key for short term. Most of us tend to pay more attention to the shiniest position in the market to the cost of proper diversification.
This is a phenomenal advice for a new stock traders and investors who want that quick short term game, but don't see the light at the end of the tunnel.
I've been solely investing in real estate. But with the recent hyper home pricing i've liquidated a few things and have $45k in cash laying around idle. Would love to get your recommendations, I'm in search of something lucrative in the current crazy markets, i will be glad.
@@katrinatyler675My portfolio is very much diversified so it's not like i have a particular fund i invest in, plus i dont do that by myself. i follow the trades of Mrs Karen Gaye Gray.
She is a popular broker you might have heard of. I can correctly say she's worth her salt as a financial advisor as her diversification skills are top notch, because i see that in her results as my portfolio grows by averages of 10 to 15% on a monthly basis, unlike i can say for my IRA which has just been trudging along, my portfolio just mirrors what she trades and not just on some particular industries of my choosing.
The one thing that takes away from the USA is their fundamental "hustle until you get rich and don't care about anyone else because that takes away from your own advance". That as a strength for economic growth, also subtracts from the other end... insurance, specifically health insurance. Unless this can be worked out by the "high end of town" with coverage from above and not side-stepped by those who don't want it - only then will the pool be large enough to cope with those that draw on it, and those who pay for it.
I agree. The sentence "I don't begrudge UnitedHealth Group for doing this" is crazy. Why would you not shun those who empower and profit of these exploitative ventures. It seems the US attitude is "there is good money in it so it's understandable". The culture says that anything that is legal is fair game. No business can be immoral unless it's illegal. 🤦
@@R3tr0v1ru5 just say you dont want lower class and middle class people to get affordable, quality healthcare. either you've been misled to work against what would benefit you or you're already rich and just dont care about anyone else.
Some countries have a private/public option for healthcare that helps to drive cost and cost controls set by the government that way companies always have to compete with uncle sam.. Government offers a health insurance plan but your private companies can exist along side that since the government isn't incentivized by vested interests it makes things more cost competitive in the overall marketplace.
I currently own UNH (UnitedHealth Group) stock but that doesn't mean I don't despise their business practices. I have heard they routinely deny people insurance claims and make life hell for people with health issues. Whilst I do think UNH is a good stock to own if you want to make money you must be also aware of the bad practices of the business and together as shareholders its important to improve the experience of customers and ensure genuine claims are paid promptly without delay.
You have blood on your hands. Giving empty lip service here to make yourself feel human is pathetic. Are you actively voicing your opinion, do you even attend, or vote? Stockholders can make them accountable. Miserable excuses for human if not because all olf you profit off the backs of the suffering sick.
Healthcare is sick care in the USA. It is a system that is more interested in profits than results. This a docuadvertising to protect they lucrative investment.
I work for OptumServe (under UHG). We got govt contracts to pay claims on the VAs behalf. I got a lil bit of stock in UHG. I know my job is secure for the coming recession because while folks lost their jobs and businesses closed UHG grew even further by supporting Covid health programs. Tldr i work for UHG as a cog because job security
I think one of the biggest issues in healthcare is employers are typically the ones who provide healthcare. This might seem good at first but in reality it leads to limited plan options and it’s easier to monopolize as you only need to get tens of thousands of customers to go with your plan (the employer) rather than the millions of people who will actually benefit from the insurance. I think we should have a government mandate pan for those on governmental assistance and children, then for adults healthcare would work more similar to car insurance. More flexible options could be created so depending on your health. Money is typically taken out of your paycheck already for insurance so they money for these plans could go back into your pocket so you can choose how to use it.
6:51 I hate corporate speak like this. It's a fluff piece designed to sound good but basically boils down to, "We're going to continue to screw you over and extract all your money from you so that you are homeless and on the street, so get over it."
Yeah, you'll "navigate" your whole healthcare without ever leaving the UHG system, but somehow, your treatment won't be covered and all the doctors will be out of network, somehow.
Pitching healthcare monopolies like UHC as being something that is positive for the consumer is honestly one of the biggest lies I've heard someone tell in a while. CNBC is wildly transparent corporate propaganda.
Everything is messed up, it's clear that the government never have our best interest at heart. Everyone needs to find their favorite route or exchange that makes it easier to trade and still make profit, It is imperative to note that cryptocurrency is not risky, rather it is a weapon for democracy and financial stability. Long term price doesn’t really matter to me. I’ll always prefer short term and huge refund. more emphasis should be placed on forex and day trading because they are less affected by the unpredictable nature of the market.
Thanks for this. The scenario of bitcoin going to zero does not exist anymore, it is playing much the same role as gold did in the early days of banking. Till today, only few traders like the ones in your profile information have the expertise and knowledge when it comes to Bitcoin.
Tam wanted to study FILM and was active in political circles in LA. I wanted to do the same. Also join the military at an early age. She unlike me was a German sent package 📦 marked Express. I too am the USA self stamped EXPRESS mail. And unfortunately times up. There’s only so much I can do on my own abilities, hopes and fears.. For over 10-20 years or so it’s been impossible to add any positive effects to an otherwise toxic environment ( at home, school or at work ) The last real clean up happened in Biloxi Mississippi at Keesler Air Force Base. In the case of Electronics Professor Mr. Powell.. In class he said to us all, “ I miss my (Asian) wife giving me blow jobs). Then he got up and walked away. Leaving all the boys behind and alone with us girls (x3).. One Latino boy looked at me with a gaze I’ve seen many times before.. A look of a predator ready to pounce on me once again.. Mr. Powell later “apologized “ and said, “I know a lot of people in a lot of places.” And his whispers in my ear were not friendly at all. Because he threatened my life I never pressed any charges. The charges I was told by the commander of the base were the following: Loss of retirement and pension Loss of his civilian job
UHC is the legit worse, there are smaller companies like Aetna, BCBS that are far better. My employer forced me to buy UHC, that's how I knew my employer s*cked
ObamaCare is modeled after RomneyCare which is modeled after the Swiss healthcare system - the second most expensive in the world. The difference has been that the Swiss system has had outcomes comparable to other developed countries. But lately the Swiss system is degrading into the exploitive ObamaCare model.
The fact that a health insurance company can be "attractive to investors" in the first place is the main problem. This should not be a profit-driven industry.
Look how the government is doing with the police force - it’s an absolute mess. Why should I believe it will be better? I have more trust in many private companies than in the government’s management.
This is what happens when multiple interests converge on an industry Government, capitalist companies and corporations, medical groups, providers, etc It’s neither full blown market capitalism, and it’s not full blown socialism. I do think a hybrid can work better than what we currently have, but the way we’re doing it is benefiting everyone except the consumer. The average every day American citizen The ones who keep this country moving. The ones you want healthy and well, for years to come, so they can be healthy and work, for a while, AND, create families Political interests and lobbying, insurance companies and pharmaceutical and medical companies having to mostly emphasize profits over actual *_HEALTH, CARE_* , is an inherent conflict of interest
Exactly. They are raking in premiums and copays, have high deductibles, and take government subsidies for people who are eligible for subsidies. Medical insurance companies are awash with money.
@Leaf Blower When the government came in to “help” with Obamacare they were handing out fines sometimes amounting to $7,000 for having no insurance. Some people were forced into buying insurance they couldn’t afford. Some people were paying $1,000\month for insurance they didn’t want. Do you have a better plan or the same Brain dead plan as the last?
Makes me wonder why I pay for health insurance. I pay for half of my policy while my employer pays the other half. It's tempting to pay for health care out of pocket for everything because the health insurance companies will screw me over anyway. Why pay them anything?
** insurance should not be this profitable. We need a government insurance competitor that doesn’t make any profit to bring these private insurance companies to their knees. They’re too powerful and cocky to the actually people providing the healthcare like docs, nurses, techs.
@@alb12345672 they suddenly decided that after 5 years of taking my medication that I should start over the process of evaluating for my condition. They kept citing prior approval but kept refusing my doctor's explanations. They suggested more tests but then refused to cover those tests. After 4 months of trying I swapped to another plan with Aetna and got my medication in less than a week. I absolutely despise United and everything they represent.
UHC is good at only one thing: efficiently moving wealth from healthcare consumers and taxpayers into its own pockets. To suggest it cares about people's health or the quality of healthcare in the US is laughable. And, they own the politicians and regulatory apparatus that supposedly keeps them in check, so it is just going to get worse. Ultimately, as the quality of care declines, the cost of healthcare in the US will become a crisis because borrowing from future generations to pay for today's perpetual skyrocketing costs just isn't sustainable, but that won't stop parasitic UHC executives from milking it for all they can get. Healthcare and health insurance is the new organized crime and this time, the government is its friend.
I had UHC... I quit it after they billed me twice the payment month. I called to request a refund or apply it for the following month... spoke with a rep and she asked me how to subtract the current year from my birth year then asked me how old I am. If you can't do simple math then don't work where numbers are important like "randomly" billing people twice.
They can do math. This is a game a lot of insurers pay. It's basically a form of gaslighting. They pretend to not understand the most basic things hoping that you'll just get angry and give up. Apparently it works because it's a widespread tactic
UHG doesn't have the customer's health in mind. They just have their pocketbook in mind. That's why they want it to be an ecosystem you can't escape - so you're always forced to pay them from birth to death. That's also why they go out of their way to avoid allowing their insured to do business with so many healthcare providers. Disgusting.
Then don't buy united healthcare, buy something good like aetna maybe? You get what u pay for basically.... UHCs insurance is basically a donation cuz it doesn't cover anything....
No that’s not crazy, it’s stupid. What we need is more competition, not less. Name me one monopoly, private or public, that does a great job. You can’t. But I can cite endless examples where everything got better and cheaper by having price and service and product competition.
@@jameslee5237 So the shareholders (is the citizens) have no incentive to make a certain service better? Sounds like we can't even trust citizens to look after the greater interest of each other
@@Demopans5990 I don’t think you understand what a company is. A company exists to make money. If it’s making money, the shareholders are happy. The role of government is to ensure monopoly doesn’t exist in the marketplace, and that external costs (like pollution) are borne by the creators of those costs. If they did that (which they don’t due to corruption and ignorant voters), most things would take care of themselves.
@@jameslee5237 Standard Oil, until that was broken down. The US military seems to do a good job around the world. My local electric utility has damn good service and it's cheaper than the "free market" utilities.
I'd never buy into a United Health insurance policy because I've had so many bad experiences with them when I was younger. It's too bad that the majority of people under 65 have to depend on their employer to provide health insurance. Most employers just look at the how much the policy costs. They have to get an awful lot of complaints before they'd consider ditching the lowest cost provider. But employees figure they need their job, so they don't always complain to their employer. If we all had to buy our own health insurance coverage, I'd bet United Health would lose a lot of that market cap really, really fast.
I loathe United. It's the insurance I get through my company. I have to be on a serious maintenance medicine for life. The side effects of this medicine can be fatal, so my doctor has me visit monthly for blood work in order to get my prescription filled. United refuses to pay anything for my medicine. Their reason? They only pay for 3 month supplies of maintenance medicine. My doctor contacted them insisting it wasn't safe to fill a 3 month script. United didn't care. A 3 month supply would cost me $17 but since I can't get that, a 1 month non covered supply cost me $80. It's outrageous.
Its better than most other countries, especially if you consider the price of a good insurance like Aetna and the healthcare taxes other countries. The worst insurances to avoid are UnitedHealthcare and Blue Cross, any other provider is decently good.
I work for UHC. When I asked for a raise after one year I was told by my supervisor that I may get a dollar increase in my hourly wage at the end of the year. Let that sink in.
I work at UnitedHealth Group and I can say wholeheartedly it is a beyond massive organization. Waiting for them to buy a fitness centers like a Planet Fitness or Esporta to add to their collection.
@@doords I absolutely agree with your AI comment. As soon as AI is advanced enough to take in premiums and deny claims, the CEO will layoff all the employees.
The Wealthy getting richer off of people getting sick and dying, if you believe you have an immortal soul, this is the fast train to Hell and Eternal suffering if God is Just.
@@John_Smith_86 True, Americans are too stupid to implement simple things that every other remotely advanced country takes as a commonplace. Can go to the Moon, but can't cross the street, lol.
This year I'm dumping United Health as my MEDICARE supplement for MODA - a Pacific NW company. Large health-care systems have turned into large death panels that utilize AI to determine whether or not patients need/deserve the care doctors their doctors prescribe.
Universal Healthcare now! Too many people dying, too many families going bankrupt. Doctors, remember your oath to help ALL. Fight for healthcare for ALL!
So I went to high school with the daughter of one of the original founders of United Healthcare. For her 16th birthday, she got a 100k Range Rover. Two months later she totalled it, a month after that, her dad bought her a new one with more features in it. Meanwhile, one of my classmates’ mom had just lost her job while her little brother was going thru medical complications leaving them uninsured. That was the day that I told myself I would do everything in my power to make sure that company goes under…
spread awareness.. thats all we can do. maybe one day we can get people in government who actually represent the peoples interest and flush these turds down the toilet
As opposed to any other large business founder? UnitedHealth Group is around the 5th largest company in the US. You think Walmart or CVS founder would do differently?
@@steflift5165 personally I don’t care about Walmart or CVS or Apple because those are products people choose to buy and they can go elsewhere if they like. Health insurance is something you have to have and often times you don’t have a choice in the marketplace and they’ve stopped universal healthcare from passing.
I have UHC , and I’m not big fan at all. You thinking everything will be paid , two mouth later an unexpected bill comes in mail. Most local government agencies are move away from UHC, it’s to expensive
The data they have access to through their Optum business is the key. Most of United Healthcare's competitors use Optum and Change Healthcare clearinghouse and payment services, and so run large quantities of their data through UHG (as demonstrated by the impact the Change Healthcare Hack has had throughout the industry). Seems like DoJ has found evidence that the "firewall" between UHC and Optum wasn't airtight. If the largest player also happens to have direct access to all of their competitor's internal data, that is a big anti-trust issue.
The federal government should simply purchase UHC, Cigna, Humana, and other health care insurers. Merge them and consolidate all administrative functions under the CMS. And provide Medicare for ALL. Health care should not be a profit-focused service. It should be health-focused. Government may be arguably terribly inefficient in some areas, but in this regard, I'd trade some inefficiency for the high profit focus that corporations such as UHC bring to the table.
i would prefer not to wait 6-8 months, there are good insurance in US too, like Aetna, BCBS and others, and plus its cheaper than the ridiculous tax u pay to the corrupt UK government to basically do nothing and provide the longest waiting times and low quality health care
Optum is a bigger player in the UK market than you'd think. And they're looking to get bigger - they're running out of growth opportunities in the US and the nature of being publicly traded demands continuous growth. Frankly I'd rather they not be in the UK health market and definitely not with the NHS but.. they claim they're best positioned to offer insights into populations and cost control. Which is obviously attractive to the NHS.
@@mohit4902 I've been insured by several different companies and at no point did I pay less than my UK based partner. Our wait times for PCP and specialist visits are comparable if not longer depending on specialty. British people will complain about a several week wait and paying £9 for prescriptions but I've gone to my pharmacy and gotten a bill for $60. One of my literal life saving drugs was denied and I had to forego it - it costs $10,000. Same medication in the UK w/o NHS cover? £295. The inflated costs are ridiculous and cannot be justified.
Seriously? Considering how NHS is currently unable to provide the standard of care? Like this is a bad PR period for NHS, I wouldn't use it as an example
I work in Revenue Cycle. UHC is just another health insurance payor crook, and they’re trying to run a trust, and have conflicting interests as a matter of their business plan.
