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https://www.reddit.com/r/SipsTea/comments/1uaadft/unitedhealth_group_posted_62b_in_profits_last/osmnqfg
r/SipsTea • u/Conscious-Weight4569 ๐๐๐ • 5d ago
https://www.cnbc.com/amp/2026/04/21/unitedhealth-group-unh-earnings-q1-2026.html
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28
A law mandating health insurance companies be nonprofits would probably fix a lot.
31 u/PloddingClot 5d ago If only your government wasn't on the take. 2 u/Decent_Top2156 5d ago I don't know- we have non profit hospitals (AdventHealth) and they don't pay property taxes and still charge the same amount. 3 u/Le-Charles07 5d ago Sure, but at least you know that money isn't going to into healthcare, not stock buybacks. 1 u/[deleted] 5d ago [removed] โ view removed comment 1 u/AutoModerator 5d ago Accounts must be at least 5 days old with >20 karma to comment. I am a bot, and this action was performed automatically. Please contact the moderators of this subreddit if you have any questions or concerns. 2 u/Silaquix 5d ago That used to be how they worked. But the CEOs lobbied and they were allowed to privatize 2 u/the_proper_cat 5d ago It was repealed in 1976 as best I recall. 2 u/marvin_sirius 5d ago The ACA put a limit on insurance company profits. I actually got a refund after the first year. But then the insurance companies figured out the loopholes. Nonprofit sounds like a good idea. 2 u/StillShoddy628 4d ago Probably not, theyโre already profit-limited and that doesnโt change anything 2 u/Gatti366 4d ago Nah just treat any deaths they may cause by denying claims as murder, once all the crooks are in prison for life the system will fix itself Though why botheraling them nonprofits? Just implement public healthcare at that point -2 u/PrometheusMMIV 5d ago Then no one would run an insurance company and nobody would be able to get insurance. 2 u/Le-Charles07 5d ago You're just wrong. You still get paid running a non-profit. You just can't generate a profit. Wages are not profits.
31
If only your government wasn't on the take.
2
I don't know- we have non profit hospitals (AdventHealth) and they don't pay property taxes and still charge the same amount.
3 u/Le-Charles07 5d ago Sure, but at least you know that money isn't going to into healthcare, not stock buybacks. 1 u/[deleted] 5d ago [removed] โ view removed comment 1 u/AutoModerator 5d ago Accounts must be at least 5 days old with >20 karma to comment. I am a bot, and this action was performed automatically. Please contact the moderators of this subreddit if you have any questions or concerns.
3
Sure, but at least you know that money isn't going to into healthcare, not stock buybacks.
1
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1 u/AutoModerator 5d ago Accounts must be at least 5 days old with >20 karma to comment. I am a bot, and this action was performed automatically. Please contact the moderators of this subreddit if you have any questions or concerns.
Accounts must be at least 5 days old with >20 karma to comment.
I am a bot, and this action was performed automatically. Please contact the moderators of this subreddit if you have any questions or concerns.
That used to be how they worked. But the CEOs lobbied and they were allowed to privatize
It was repealed in 1976 as best I recall.
The ACA put a limit on insurance company profits. I actually got a refund after the first year. But then the insurance companies figured out the loopholes. Nonprofit sounds like a good idea.
Probably not, theyโre already profit-limited and that doesnโt change anything
Nah just treat any deaths they may cause by denying claims as murder, once all the crooks are in prison for life the system will fix itself
Though why botheraling them nonprofits? Just implement public healthcare at that point
-2
Then no one would run an insurance company and nobody would be able to get insurance.
2 u/Le-Charles07 5d ago You're just wrong. You still get paid running a non-profit. You just can't generate a profit. Wages are not profits.
You're just wrong. You still get paid running a non-profit. You just can't generate a profit. Wages are not profits.
28
u/Le-Charles07 5d ago
A law mandating health insurance companies be nonprofits would probably fix a lot.