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— Krista Monroe (@MsKristaMonroe) December 6, 2024
ATTN: Everyone!
Listen to this incredibly invaluable breakdown of the situation with United Healthcare.
Gives some chilling context!! pic.twitter.com/B5P09y2o1b
United Health Care owns Optimum Health, and they own Change Healthcare. There are 158 subsidiaries underneath United Healthcare, some of which are overseas and most of those are pharmaceutical services. So, yes, they are also part of the big Pharma. So now they're insurance and big Pharma. Change Healthcare, if you don't know what that is, is the service that processes the claims from the provider to the insurance company so the provider can get the pittance of money that the insurance company is going to pay them for their services that have been rendered. Earlier this year, Change Healthcare got hacked. It's almost been a year now. They still aren't completely back up and running, so when this happened, United Healthcare . . . I know you all think that doctors sit on piles of cash. That's not how it works. They have to get the insurance money on a regular basis to keep their money flow going. Well, when you can't send your claims in because Change Healthcare has been hacked, and you can't mail it in . . . the doctors weren't getting paid. Bank accounts were empty. So a lot of them were going under. So United Healthcare went out they said, "Hey, we can help you out. We're going to buy . . . we'll buy your practice, or Hospital, your Urgent Care, and they bought them. So now, now they're insurance; now they're Pharmaceutical; now they own the system that processes the claims. Now they own the providers that use their insurance. The providers are owned by United Healthcare and get paid from United Healthcare claims. You know they're already in trouble with the DOJ because of all of this. If this is not a monopoly, I don't know what is.
In 2023, their total revenue was $371.6 billion dollars, a 14.6% increase from 2022, and $22.4 billion in profit in 2023. They paid out $281.4 billion in claims in 2023. But let me tell you this. United Healthcare is the main insurance for Medicare, Medicaid, and ObamaCare plans. That is the main . . . it's 29% enrollment is United Healthcare under those three things. Those are all government-run healthcare systems. And United Healthcare is the main insurer for all of them.
I don't know about you, but when a company decides to become that big that they are now the doctor, they're the provider, they're the insurance company, they are the pharmaceutical company, they're the company that processes their own claims . . . .
They did a study, and United Healthcare by a 90% margin denied more claims than any other insurance company on the market. And again they are the highest enrollment for all of the government-run Medicare, Medicaid, and ObamaCare. They deny, deny, deny, and then people die. People die.
