In the company’s first earnings call since the fatal shooting of Brian Thompson, Group CEO Andrew Witty acknowledges shortcomings of the U.S. health care landscape.
“Participants in the system,” he said, derive benefit from high health care costs. While lower prices and improved services can be good for consumers and patients, Witty said, they can “threaten revenue streams for organizations that depend on charging more for care.”
Yes this basic human right could be cheap or even free, but then how would shareholders make more money exploiting it?
He’s also just straight up lying. I’m a participant in the system with chronic health issues. I would have benefited more from never going to see a doctor and kept my family out of debt than what I ended up doing.
Healing patients would “threaten revenue streams for organizations that depend on charging more for care.”
They prefer the endless treatment model.
So by extension, creating sick people is akin to opening a new account. (Aside: A good task for other parts of the institutional investors portfollio) And nobody wants to close a customer account.
Sounds like he’s trying to cast everyone else but the insurance companies as the bad organizations, and that they will be taking measures to make that more clear to the people.
In short “don’t shoot us, shoot these other guys if you have to shoot someone!”
wow he really said this?
“Participants in the system,” he said, derive benefit from high health care costs. While lower prices and improved services can be good for consumers and patients, Witty said, they can “threaten revenue streams for organizations that depend on charging more for care.”
Yes this basic human right could be cheap or even free, but then how would shareholders make more money exploiting it?
He’s also just straight up lying. I’m a participant in the system with chronic health issues. I would have benefited more from never going to see a doctor and kept my family out of debt than what I ended up doing.
Healing patients would “threaten revenue streams for organizations that depend on charging more for care.”
They prefer the endless treatment model.
So by extension, creating sick people is akin to opening a new account. (Aside: A good task for other parts of the institutional investors portfollio) And nobody wants to close a customer account.
Sounds like he’s trying to cast everyone else but the insurance companies as the bad organizations, and that they will be taking measures to make that more clear to the people.
In short “don’t shoot us, shoot these other guys if you have to shoot someone!”