The murder of Brian Thompson, CEO of UnitedHealthcare, was a heinous crime allegedly done by Luigi Mangione out of rage against the machine. Presumably, his target was someone who profits from our broken healthcare “machine” or system.
President Obama was overt in Washington’s theft of taxpayer dollars intended to pay for care.
Public frustration with, anger, and even “hatred” toward healthcare may seem justified based on facts, but violence is never the answer. Healthcare seems to turn hard-earned taxpayer dollars into massive health industry profits and wasteful bureaucratic spending. And what does the public get? Questionable insurance policies with promises of care that never materialize, drugs that don’t work, and physicians who spend most of an appointment looking at a computer screen rather than talking with patients.
Last year, the U.S. spent $4.8 trillion on its healthcare system, 17.5 percent of our GDP and more than the entire GDP of Japan. American families spent $31,065, on average, on healthcare costs in 2023, of which 83 percent went to insurance companies. (READ MORE: Federal Bureaucracy Is Biggest Healthcare Rent-Seeker)
Insurance is one of the most profitable industries in the country, so Mr. Thompson may have seemed a symbol of the evils of capitalism against which Mr. Mangione railed in court. Insurance companies typically generate profits by not paying for medical care. They use a 3-D strategy — delay, defer, deny — which was dramatized in the 1997 movie, “Rainmaker,” where a greedy insurance executive denied a claim for payment for the treatment of a cancer patient, claiming the therapy was experimental and therefore not covered. The young man died despite having a potentially treatable condition.
People holding a health insurance policy have been led to believe they will receive timely care. Yet the healthcare machine assigns them a provider. A pharmacy benefits manager chooses their medications. With insurance, the maximum average wait time t...
No hoodwinking or hornswoggling here.
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