• psyklax@lemmy.dbzer0.com
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    1 day ago

    The ceo isn’t really in control. The board of directors is. And even they are subject to “democratic” elections by the shareholders. Just happens to be the same people on the board who own a large portion of the shares, in most cases.

    Just thinking… isn’t capitalism neat?

  • RangerJosey@lemmy.ml
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    2 days ago

    Anyone else remember when the math came back and universal Healthcare would have saved the US like $11,000,000,000 every year or every 10 years or something.

    Anyway, they chose not to do that because Citizens United made bribery legal. They did pass a republican Healthcare plan that didn’t actually change anything. Just made it easier to pick who was gonna fuck you and how hard on a convenient website maintained by GovCo.

    • LandedGentry@lemmy.zip
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      2 days ago

      11bill every 10 years is actually not a lot saved for a nation as large as the US lol annually makes more sense. Either way curious to see the stats

      • AFaithfulNihilist@lemmy.world
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        2 days ago

        It would be 11 billion dollars cheaper than what we currently pay to not have universal healthcare.

        Our governments literally spend more per capita not having universal health care then it would cost if we had it. Your tax dollars are being used to fund a system to turn your health care into a wealth getting scheme.

        Less health care is delivered and it costs more when it gets there. No one saves any money in this system.

        • LandedGentry@lemmy.zip
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          2 days ago

          Dude I am supportive of those changes and I actually imagine it will save more than that. Are y’all incapable of reading further down threads? The skepticism is that it seems low

      • RangerJosey@lemmy.ml
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        2 days ago

        Objectively better by every metric as proven by every actual modern country in the Sol System. AND it’s cheaper.

        “Either way curious to see the stats”

        Do you even hear yourself my guy?

        • LandedGentry@lemmy.zip
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          2 days ago

          I’m not sure what all the hostility is about given I am inclined to think the savings are actually more and I would like to see the information. I want to know what you’re citing because I think it’s interesting not because I am skeptical, and I agree it’s a better system that will probably save money so having the information is probably a good thing?

          Point your guns elsewhere dude, same team

  • Flying Squid@lemmy.world
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    2 days ago

    While everyone is understandably happy about this, I have to wonder if UHC’s competitors gained value at the same time. Because I could absolutely see investors dumping UHC because of its reputation now but continuing to invest in insurance companies, just moving their money. Selling off UHC stock to buy Anthem stock.

  • Lad@reddthat.com
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    3 days ago

    “Brian helped build this company and forged deep, trusted relationships for over 20 years, and the positive impact he had on people will be felt for years to come,” Chief Financial Officer John Rex said.

    Fuck right off

  • Evil_Shrubbery@lemm.ee
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    14 hours ago

    Unfortunately thats is nothing (tho it’s 73bn I think).

    The lower price is a bit in tune with the recent market overall (-13% vs the -5ish% of the market or whatever) and its still like over 12× higher than it was 20 years ago.

    The saddest part is that what was Saint Luigi’s effect on price was prob the market expectation that one of the megacorps subsidiaries might miss their claim-denial goals to keep up appearances & marketing.

    Thats why I’m saying its the shareholders/capitalism that kills people, CEOs are just dogs with white collars that execute people business for their masters to appease the ever hungry money gods.

  • pyre@lemmy.world
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    3 days ago

    if they’re not out of business, it’s not enough of a loss.

    completely unrelated but who’s the new ceo just out of curiosity?

  • Annoyed_🦀 @lemmy.zip
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    3 days ago

    Billion in value

    What value? Actual money or stock? Because stock doesn’t really reflect anything about the state of the company, and this drop in stock price mean absolutely nothing if they don’t change the practice or the government doesn’t pass a new law. It’s just stock owner losing money because some fuck want to do a short selling.

    Do we learn nothing from Gamestop?

  • chonglibloodsport@lemmy.world
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    3 days ago

    It’s simply not true that Canada’s health care costs less than $63 billion. The actual number is closing in on $400 billion ($372 billion for 2024).

    And it also should be noted that there are severe problems with our health care system. Severe nursing shortages and very long wait times for a lot of critical care, long wait times to see specialists, etc.

    • Tarquinn2049@lemmy.world
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      3 days ago

      Our healthcare only has those problems after alot of cuts. When it used to cost more, it also used that money more efficiently and effectively. The cuts made it far worse than the respective amount of money “saved”, redistributed to worse projects is more accurate.