Health Insurers Gave $120 Billion To Shareholders While Denying Your Claim
The country’s largest insurers spent $120 billion on stock buybacks since 2010, with nearly half of that spent by UnitedHealth.
Saint Luigi please bless us again
That's just stock buy backs. For all the publicly traded insurers, what was their total profit?
Sure, but profits distributed + stock buy backs is going to be bigger and represents a direct transfer from the masses to the bourgeoisie. Then as another commenter stated, dig into compensation for top executives who we can identify are bourgeois and add that in.
That still misses a bunch of money that flows out in the form of contracts to other member of the bourgeoisie, but it should be able o show us a good number that we can use to explain to the masses how much they're being robbed.
I would go further and look at overall payroll but more specifically executive compensation proportional to the NHS. There's no way we're not waiting additional billions on people who's job it is to make the system 'profitable.'
If we take the 60,000 excess deaths per year as a proxy, that means every single excess death of the last 14 years was valued at ~$142,000 in stock buybacks.
Health Insurers Gave $120 Billion To Shareholders While Denying Your Claim
I mean, that's why those companies exist. The "least bad system ever" logic put healthcare in the institutions materially interested in denying healthcare to people.
yeah the system is working exactly as intended here
