It really cannot be overstated enough: "For-profit health insurance" is fundamentally incompatible with keeping people healthy. UnitedHealthcare did not deny 1 out of every 3 claims because they thought they weren't medically valuable, they did it because they knew they could get away with it. The entire system cannot ever provide health as a meaningful outcome. It must be eliminated and replaced with taxation and a single-payer institution built on care, not resource hoarding.

Insurance lobbyists have terrified us with visions of "welfare queens" wasting taxpayer money.

Thompson made $24M in 2022. I guarantee that came from the pockets of taxpayers.

That's $48K each to 500 welfare queens. Please give 500 welfare queens that money instead of a CEO. I don't care if those 500 people really are goldbricking leeches on the system. Those $24M would make 500 people's lives better and nobody's life any worse than the simple fact of paying a few bucks toward something that didn't benefit them personally. The CEO of a company like United makes tens of thousands of people's lives worse, and who knows how many people's lives infinitely worse by existing--his entire job is to funnel money to shareholders no matter who that hurts.

Waste money on 500 people committing small-scale fraud or one mega-rich person committing fraud and (arguably) bodily harm and murder on a much larger scale? No contest. Burning those $24M would be better for the world than giving it to the CEO of a health insurance company.

The "waste" in the system will always exist. If I get to choose where healthcare money is wasted, I want it wasted on 500 poor people a year who--at worst--simply make the money disappear into their lives, not on one rich sociopath who uses that money to hurt thousands of other people.

#brianthompson #healthcare #waste #fraud #incomeinequality

@guyjantic
It's not just that - giving that money to those with very little will see that money flow through local businesses, keeping other people employed, often flowing through the local economy several times.
Giving it to his ilk sees that money vanish from the economy, tied up in stocks, shares, bonds, and other financial instruments.
@stuartb Oh, absolutely. I've seen reasoning and research that point exactly to this. My argument is that, even if Republicans' worst fever-fantasy-nightmares about "welfare queens" were real, it would still make a lot more sense to give the "waste" to them instead of to healthcare CEOs and shareholders.
@guyjantic
Oh, yeah, this is just one more point in favour of UBI, preferably as a precursor to abolishing the whole financial system.
Who is worth more to a MegaCorp - the CEO, or the hardworking, loyal staff who do all the work and reap very few of the benefits?
Especially when that CEO runs the company into the ground and escapescwith a golden parachute while the staff get laid off?
I would go further, and say that the average homeless person is of more worth to society than the average CEO - they arent the ones trying to burn the whole planet in order to enrich themselves.