Summary

Reddit’s r/medicine moderators deleted a thread where doctors and users harshly criticized murdered UnitedHealthcare CEO Brian Thompson.

Comments, including satirical rejections of insurance claims for gunshot wounds, targeted UHC’s reputation for denying care to boost profits.

Despite the removal, similar discussions continue, with medical professionals condemning UHC’s business practices under Thompson’s leadership, which a Senate report recently criticized for denying post-acute care.

Thompson, shot in what appears to be a targeted attack, led a company notorious for its high claim denial rates, fueling ongoing debates about corporate ethics in healthcare.

  • aesthelete@lemmy.world
    link
    fedilink
    arrow-up
    3
    ·
    edit-2
    17 days ago

    Our current laws (and precedents) require CEOs and Directors to produce the best results possible for their shareholders. They can and have been sued for failing to do that. It effectively means they have to screw their employees and customers.

    There’s no way to objectively determine what will produce the best results for shareholders. That’s why CEO is a job in the first place.

    https://pluralistic.net/2024/09/18/falsifiability/

    But there’s an even more fundamental flaw in the argument for the shareholder supremacy rule: it’s impossible to know if the rule has been broken.

    The shareholder supremacy rule is an unfalsifiable proposition. A CEO can cut wages and lay off workers and claim that it’s good for profits because the retained earnings can be paid as a dividend. A CEO can raise wages and hire more people and claim it’s good for profits because it will stop important employees from defecting and attract the talent needed to win market share and spin up new products.