U.S. Healthcare:
Keeping Wall Street Healthy

Dec 16, 2024

Anger felt by millions in the U.S. at the horrible state of U.S. healthcare bubbled up and erupted like a volcano when UnitedHealth CEO Brian Thompson was murdered.

The uproar allowed an important fact to come out. Did you know that in the health insurance industry, money paid out by insurance companies to provide health care to human beings is called medical “losses”? Your gain of better health is considered a loss by corporations!

The Affordable Care Act was supposed to require 80 to 85% spending by insurance companies on what the law calls “Medical Losses.” Or, what any humane person would call HEALTH CARE! The other 15 to 20% NOT spent on healthcare is then available to be funneled to Wall Street investors as profit.

But in order to take a bigger bite of the profit apple, companies like UnitedHealthcare stopped being just insurance companies and purchased health care providers—healthcare clinics, doctors’ offices and pharmacy companies.

As big health insurance whales like UnitedHealthcare started eating up smaller fish providers, they became Wall Street darlings for shoveling ever increasing profits to wealthy investors.

According to one former health insurance insider, “Hundreds of acquisitions later, UnitedHealth is now the fourth largest U.S. company—just behind Walmart, Amazon and Apple. At the end of trading on Monday of this week [12/9/24], the share price was $560.62. That’s an increase of more than 2,100% since June 24, 2009. By comparison, the Dow Jones average has increased 438%.”

In other words, health insurance corporations are using denials of medical care to make Wall Street investors even more filthy rich than they already are.

The phrase “Blood Diamonds” came to describe the human price of diamonds mined in war zones. A healthcare system making obscene profits off denying care ought to be called out for what it truly is—Blood Healthcare!