Americans love their health insurance providers
Unchecked capitalism is really something, huh?
We’ve tried capitalism 1000 different ways and we are out of ideas!
What is “1k%?”
1 * 10^3
10x what they should’ve paid
11 times what they should have paid unless you think that “overcharging by 100%” would be charging exactly the right price or if you feel that all medication should be
freesomewhat cheaper. Or more expensive. Whichever way the math works for that.They were charged 11x what they should have paid. they were overcharged 10x, because they would still have been expected to pay the original (1x) charge.
The 1k% refers to the overcharge, so they are technically correct.
Ah I suppose so.
Like everyone else here, I also hate this use of a perecentage.
It’s better than “0.01 cents” used to mean “1 cent”
I don’t think “0.01 cents” ever meant 1 cent. $0.01 or 0.01 dollars would be 1 cent.
Yeah, about that. Bit of a throwback but: https://m.youtube.com/watch?v=MShv_74FNWU
Yeah 1000% is 10x but they were charged 11x what they should have paid. Overcharged by (over) 10x.
1000%
Why are people struggling with this so hard?
Because it’s a stupid, non standard way to say it. I understood it fine but I still thought it was a needless abbreviation.
K = kilo, which stands for 1000. It’s extremely standard. Saying it’s stupid is like saying $ or π or & or # or % is stupid.
Non standard. That is all.
1k is a common way to shorten 1,000. And 1,000% is an acceptable way to say 10x. But 1k% is definitely a stupid abbreviation that nobody uses.
Solve for x
Why are you not upset by it?
Because the meaning is obvious?
It’s literally the stupidest possible way to write it
Okay. I don’t typically get that caught up in the formatting of a number if the meaning is clear. 1k means 1000 in basically every context, and a unit indicator doesn’t make it more confusing to me. Are you likewise baffled by something being written as “1km”?
I have literally never seen k used in percentages before. Km is common, as is using it if you’re writing out LARGE numerical values (10k or above).
I’m not saying it’s difficult to understand. I’m saying it looks stupid.
But % is not a unit.
Not when M% exists
It’s literally the stupidest possible way to write it
Nah.
For example:
“UnitedHealth overcharged cancer patients for drugs by over 1,000,000,000μ%”
would be even more stupid and I’m sure using something else than base-10 would yield its very own class of stupid.
Stupidity is probably boundless.
That’s not how percentage works
Sure it is. If the company charged them 10 times the amount they were supposed to, that is a 1000% surcharge.
Please don’t violate LW’s ToS. Be aware of what you’re posting publicly. This is not a bar with your friends. This is the internet where things are recorded forever and can possibly link back to you/us with consequences. It’s not that hard to express yourself without breaking the rules.
What did they do that broke ToS? It looks like the post may have been edited
Nothing yet. I’m just hoping people think a little before they do things to get banned/removed. The rules are for everyone’s benefit.
This is a post that will rightfully make people angry.
Ohhhh. That makes more sense now. Thank you for clarifying :)
EvErYoNe’s BeNeFiT
Yeah, it turns out threats of terrorism can look bad for you if they’re ever uncovered.
Serinus is correct. They are rules to the benefit of everyone who wishes Lemmy.world to stay up which, since you’re here, presumably includes you.
The server is in The Netherlands. The Netherlands does not have freedom of speech. Calling for violence is illegal there.
If mods left calls for violence up all the time, there’s a good chance Lemmy.world could get shut down. Considering how much you participate here, I’m guessing you would not care for that.
Always love it when this explanation gets downvotes but the downvoters don’t actually chime in and say that yeah, they’d be fine if Lemmy.world gets shut down as long as they get to say what they want, when they want, wherever they want. Maybe if you just admitted it instead of getting pissed off at someone pointing out that speech can have negative consequences
Why, when you understand the meaning with a simple downvote?
Don’t call a place .world and then host it somewhere with pathetic laws regarding the main topic of the website: speech. Well, unless you want everyone else to rightfully call out the stupidity and patheticness of such a move
There’s your reply
Why, when you understand the meaning with a simple downvote?
Because it’s cowardly.
Don’t call a place .world and then host it somewhere with pathetic laws regarding the main topic of the website: speech.
Feddit.co.uk is in the UK where they don’t have free speech laws. Should it be shut down too? Should all servers be in the U.S. where free speech has a constitutional guarantee? Oh wait, you have no guarantee there either because it’s not a government-run server.
I would also point out that there are lots of other Lemmy servers you can go to. No one is forcing you to use this one. That’s the beauty of the federation system. I’m guessing you won’t like a lot of the others that automatically censor speech like lemmy.ml either.
If you want a place where you can say whatever you want and no one will do anything about it, 4Chan and Gab are there for you.
The greater good
This shit is straight up evil, will the company be held accountable for their crimes? This is what our justice system is for. Based on what we know so far, more crimes would be bound to come out in an investigation.
Luigi held them accountable, let’s hope for more
Did he though? The company is still doing all this shit and making tons of money.
Sure, they publicly mourned him and condemned the killing, but they also went right back to business, making cash hand over fist with no pause or real consideration to what they are doing to their customers at all.
If at first you don’t succeed. Try try again.
Well if the public keeps hearing that they overcharged patients 1000% and that he was CEO during 51,000 denials for life saving health care it may get the jury to not prosecute. Which in turn would mean change your practices or it may be open season on Healthcare executives.
I imagine overhauling their practices and publicly trying to show they are changing them may ensure he gets charged and then they would have to try to float back to ripping people off quietly.
Odds he walks are slim, odds he walks and they don’t change their practices which leads to more executives deaths is higher from the outrage I’ve seen
Allegedly
It’s not the justice system, it’s the legal system
Can we start using the justice system instead, then?
That system seems to be malfunctioning severely. Bypassing that system has physical risks to the user and should not be attempted lightly.
That’s how leftists traditionally point out that the rule of law is often immoral and unfair. An important distinction and longstanding ideological point of disagreement.
But when the law says one thing but the judges say another out of fear of political consequences, it’s not even legal system either. Which is what happened with Trump’s cases and is going to keep happening increasingly often especially with a strongly partisan SC.
Americans need to understand that the rule of law is dead or dying and won’t save them. It does not matter anymore what the law says, the fascists and oligarchs control all three branches of federal government and are open about the fact that they’ll drop all pretense of political neutrality or independence. The judicial branch won’t stop the executive from violating your rights and vice-versa. The only counterpowers are the states and the people, to the extent that they give a shit (election says about 3/4 of Americans do not give a shit or actively support fascism). It’s not a legal system anymore. It does not matter that the law is on your side when your enemy makes regular “campaign contributions” to the rulers.
The shareholders are quite pleased with their returns
Even if they’re held to account there just gonna Texas two step and declare bankruptcy.
And then spin up another subsidiary and start over,
I wish it wasn’t the case. "Corporations are people too should go both ways… Death penalty if you do evil enough crimes.
This should absolutely happen. And it’s not just because corporations bad. It’s because it would fix the process of risk analysis and decision making.
It’s one thing to have an accident or run into unintended consequences of business decisions. Maybe some of those could carry the death penalty in extreme cases of negligence, but probably not the vast majority.
But if the company spent decades lying and conspiring in order to make some money while destroying lives and killing people left and right? The government should seize all shares of the company (yes even the ones in our 401ks) overnight and detain the officers and directors of the company for the criminal investigation.
I will believe that, “corporations are people,” the moment that Texas executes one.
All (East) Texas ever does is give them payouts for asinine and obvious patents.
Individuals who committed these crimes on behalf of the company should be charged with fraud a the very least.
The justice system that just allowed a convicted criminal to run out the clock on a heinous crime and become president
a heinous crime
Friend, you’re going to have to be WAY more specific than that.
Fair
US Government: Best I can do is a slap on the wrist to the tune of about 0.0000001% of their yearly profits and a hardy, “don’t do that.”
From where I’m sitting, the justice system seems to be more interested in investigating poor individuals than rich companies. I can’t think of many modern examples of rich companies (or even people) being held accountable for something that didn’t involve stealing from other rich people.
There’s examples but they aren’t proportional. Oh, a company with 3 billion in revenue poisoned the water supply for a whole county? Let’s fine them $10 million.
That definitely teaches them a lesson about consequences, except the lesson is that they don’t matter.
Just fucking write “tenfold”, Jesus fuck.
Edit:
I’m an idiot
UnitedHealth, employer of slain exec Brian Thompson
Not quite correct sort of. This is OptumRx, which is owned by United Health Group, which also owns United Health Care, which Brian Thompson was nominally the CEO of. In other words, this is like the sibling of the company Brian Thompson ran.
To be clear, Brian Thmpson wasn’t a billionaire, he was a mid-level at best millionaire worth only $41 million. He was just another star-bellied prole who thought he was in the aristocracy.
Point being, the whole thing is stupid. The health care system, the people getting rich off it, Luigi’s reaction to it, our reactions to it, the media’s reporting on it, all of it.
What part about our reaction, or Luigi’s, is stupid? Is it maybe, just maybe, totally justifiable anger?
Justifiable anger can be stupid and usually is.
What are you trying to say? That you could do a better job then Luigi?
Brian Thompson was accessible and his location was known. Probably why Luigi allegedly went after him.
As many people here can tell you, I am not cheering on the idea of assassinating CEOs as a way of making systemic change because I simply do not think it will work.
That said, I 100% sympathize with Luigi Mangione and I 100% understand exactly why he did what he did. He was driven to the breaking point by a heartless company that, like all healthcare companies and, in fact, all for-profit companies in America that put their profits over human health and life.
He was desperate and driven to the brink of madness by the system that should have been helping him. Of course he did what he did. I’m honestly amazed someone hadn’t done it sooner.
I still don’t think it will solve a damn thing, and neither will killing a half dozen more healthcare CEOs if that happens, but I will totally understand if it happens again and likely sympathize with the killer.
America is going to miss Lina Khan a lot in the next 4 years.
Probably the best part of the biden administration. But let’s be real, the oligarchs were making moves to replace her either way.
Same as Katie Porter. Her white board was awesome for Americans, but also her death knell.
I’ve never seen a woman set herself up in a better position to run for office in this country though.
Quite interesting how big tech and big pharma are linked. Oh well.
Archive: https://archive.ph/7vHah
Horrible. A family member of mine needs a medication called Tolvaptan according to their doctor to prevent kidney failure due to a genetic disease.
From drugs.com: “The cost for tolvaptan (15 mg oral tablet) is approximately $4,482 for a supply of 10 tablets, while the brand Jynarque can cost around $21,238 for a supply of 56 tablets, depending on the pharmacy. Prices may vary based on factors like location and insurance coverage.”
15mg is the lowest dose of this medication too. Often the dose is 30mg or 45mg, up to 60mg max.
If you really want to get pissed off, google the same medication but in the Netherlands.
