General Discussion

ColinC

(11,098 posts)

47. Unlike private companies, they need to consistently make

Reply to EX500rider (Reply #42)

Tue Dec 17, 2024, 09:32 PM

Dec 17

more profit.

Not just profit.

Also unlike private companies, they are also beholden to individual shareholders who are expected to make a consistent profit..

Also unlike private companies, profit is based on individual shareholder actions on the stock market as much as the actual business decisions made in the boardroom.

Also unlike private companies, an individual shareholder can crash the entire company if they didn't like an individual business decision that didnt personally make them money.

Also unlike private companies, all business decisions must be made based on increased profit and cost cutting, and not accomplishing the overall mission of the company (saving lives, in this case)

At this point I hope you can see why increased profit and saving lives is a contradictory mission for a healthcare company

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Highlight:

Shock poll: 41 percent of young voters find killing of UHC CEO Acceptable (40% don't) [View all] kerry-is-my-prez Dec 17 OP

No shock at all. RandySF Dec 17 #1

Well DeepWinter Dec 18 #51

Imagine if these companies would just close Historic NY Dec 17 #2

Their shareholders would never allow that... Think. Again. Dec 17 #6

What do you consider a "fair profit"? EX500rider Dec 17 #24

... ColinC Dec 17 #36

That's revenue not profit EX500rider Dec 17 #37

They shouldnt be getting ANY profit! ColinC Dec 17 #38

Running a private company without any profit is a way to go out of business EX500rider Dec 17 #39

It isnt a private company ColinC Dec 17 #41

Yes & corporations need to make a profit or go out of business also EX500rider Dec 17 #42

Unlike private companies, they need to consistently make ColinC Dec 17 #47

Would you be happy sarisataka Dec 17 #8

Health insurance ForgedCrank Dec 17 #48

Gosh, what would their billionaire executives do? TBF Dec 17 #33

But they have such low profit. Sarc JanMichael Dec 18 #54

If all the health insurance companies closed, we'd have a solution! yardwork Dec 18 #65

This! Omnipresent Dec 18 #76

I guess they figure that adults never protected them from school shooters. Irish_Dem Dec 17 #3

I guess it's a "Robin Hood" affect. Think. Again. Dec 17 #4

'Robin Hood' stole from the rich to give to the poor... sheshe2 Dec 17 #11

Correct! but as I mentioned... Think. Again. Dec 17 #13

Yes, however stalking and shooting someone in the back... sheshe2 Dec 17 #17

yes, letting people die to make profit IS definitely a bad thing. Think. Again. Dec 17 #23

Private health insurance companies either make a profit or go out of business EX500rider Dec 17 #25

You do realize that "profit" comes in many amounts, right? Think. Again. Dec 17 #28

Is 5 & 6% "Outlandishly excessive" in your opinion? EX500rider Dec 17 #31

When billions are in play? yes. Think. Again. Dec 17 #32

So they should just break even every year? EX500rider Dec 17 #34

You do realize that health insurance companies don't do actual medicine, right? Think. Again. Dec 17 #45

Which is exactly the problem with the very existence of private health insurance companies. Scrivener7 Dec 18 #60

Shooting someone in the back is not a good thing. Period. sheshe2 Dec 17 #35

It's a good thing I haven't done those things then. Think. Again. Dec 17 #46

Yes but Laurelin Dec 18 #56

Would any of the allied nations have cried.. Omnipresent Dec 18 #77

Maybe there's hope for the country after all BeyondGeography Dec 17 #5

Maybe not considering how many voted for Trump Kaleva Dec 17 #15

Ie someone who promised to break things BeyondGeography Dec 17 #16

I stated the fact that he's a murderer yesterday underpants Dec 17 #7

Is that all? sarisataka Dec 17 #9

Can't afford medical care..... multigraincracker Dec 17 #10

Oh. Elessar Zappa Dec 17 #12

A surprising number of young people voted for Trump Kaleva Dec 17 #14

A surprising number, but still a lower percentage than their elders. Mariana Dec 18 #85

I may be wrong but didn't Harris do better with the 65 and older crowd? Kaleva Dec 18 #90

Its only the 18-29 demo Mosby Dec 17 #18

Completely changes the story. Thanks. That's what my daughter has been telling me underpants Dec 17 #22

I bet the insurance salesman guy wishes someone had told him that. Think. Again. Dec 17 #26

Read The Anxious Generation SheltieLover Dec 17 #27

They've grown up with our indifference to their deaths Arazi Dec 18 #61

They also grew up playing violent video games Mosby Dec 18 #69

Love ya'all Francophiles .......... Mary Antoinette bucolic_frolic Dec 17 #19

One of my sons is a pharmacy tech Bettie Dec 17 #20

Medicare Advantage is private ins companies. SheltieLover Dec 17 #29

What if someone threatens him for participating in a corrupt system and takes their denial out on the messenger? MichMan Dec 18 #78

Everyone in the country could be shot at any time Bettie Dec 18 #81

The difference is no one would consider any of those shootings to be justified MichMan Dec 18 #83

The vast majority of people shot Bettie Dec 18 #84

Just like Dorner tipping LAPD's hand. The Grand Illuminist Dec 17 #21

Immediate self-defense is most justifiable - TBF Dec 17 #30

I'm not surprised that some here support execution without trial Kaleva Dec 18 #49

Shock, No, they grew-up with school shooting. republianmushroom Dec 17 #40

This message was self-deleted by its author dalton99a Dec 17 #43

I don't find it "acceptable", but I'm not mourning for the guy either Blue_Tires Dec 17 #44

Tolerating execution without trial would be a Maga position IMO Kaleva Dec 18 #50

And so is causing death for profit, IMO Think. Again. Dec 18 #52

Do we agree and you publicly denounce the murderer of the CEO? Kaleva Dec 18 #57

Two different questions. Think. Again. Dec 18 #59

So do you denounce execution without trial under certain circumstances? Kaleva Dec 18 #62

What are the conditions? Think. Again. Dec 18 #63

Just curious as to what your position is Kaleva Dec 18 #64

Obviously, from the results of that poll.... Think. Again. Dec 18 #67

This progressive Avalon Sparks Dec 18 #73

I find that silence sarisataka Dec 18 #72

That's on us. Our ho-hum attitude to the danger they faced in the form of school shootings has to contribute Scrivener7 Dec 18 #53

No...I think it's a magazine, not a clip Bettie Dec 18 #70

People are realizing Predatory Capitalists are killing us. Emile Dec 18 #55

Hundreds of school shootings every year Johnny2X2X Dec 18 #58

That's probably one reason so many young people aren't shocked by this murder. yardwork Dec 18 #66

The only thing shocking is that it didn't happen sooner Johnny2X2X Dec 18 #68

100 years ago there was just such a class of wealthy people. yardwork Dec 18 #79

Perhaps you never had a history class on the 1920's sarisataka Dec 18 #82

There could be several reasons many young people approve of the CEO murder. walkingman Dec 18 #71

They need to poll everyone again and ask them why... LeftInTX Dec 18 #89

So vote for universal healthcare already mountain grammy Dec 18 #74

Will the same people justify the shooting of government officials if care is denied? n/t MichMan Dec 18 #80

Whatever those denial numbers would be under M4A Arazi Dec 18 #87

--Not--Shocked--In--The--Least-- CoopersDad Dec 18 #75

This is what happens when you let socal media raise the children krawhitham Dec 18 #86

We can go back and forth about why. However, I wish they would poll everyone and find out their reasons why LeftInTX Dec 18 #88

They should have asked this question in the poll. Jacson6 Dec 18 #91

Is this why? LeftInTX Dec 18 #92