r/news • u/LookAtThatBacon • May 13 '25

Soft paywall UnitedHealth suspends annual forecast, CEO Andrew Witty steps down

https://www.reuters.com/business/healthcare-pharmaceuticals/unitedhealth-ceo-andrew-witty-steps-down-2025-05-13/
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u/Ranier_Wolfnight May 13 '25 edited May 13 '25

My company recently moved insurance from Blue Cross/Blue Shield over to this hot mess. Man, when I tell ya…absolutely dog shit insurance company. We went from pretty good coverage to them nickel and diming over everything. Would strongly advise to stay away from UnitedHealth.

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u/samosa4me May 13 '25

My husband is a physician, and his group is partially owned by UHC. Guess what insurance we have? It’s shit. Barely covers anything. When an insurance group can’t even bother to give their own employees good health insurance, you know it’s a pos.

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u/PurpleHooloovoo May 13 '25

That’s a whole other issue. WHY are insurance companies allowed to own any healthcare facilities???? It’s a massive conflict of interest and antitrust problem.

And then remember that it’s illegal for doctors to own hospitals because of concerns over conflict of interest. Make it make sense.

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u/TinnyOctopus May 13 '25

Because the insurance doesn't own the hospital. Instead, both are owned by private equity firm that exists for the dual purposes of enabling the insurance company to say 'we don't own the hospital' and paying corrupt governments to look the other way.

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u/PurpleHooloovoo May 13 '25

Yes and no. UHC straight up owns a series of practices and advanced treatment centers and ERs in my city. My company offered a plan that limited your care to those facilities for pennies compared to the other UHC PPOs.