SO, Blackrock is suing because “the public backlash prevented the company from pursuing ‘the aggressive, anti-consumer tactics that it would need to achieve’ its earnings goals.”
The “anti-consumer tactics” would be denying coverage on providing care. So, United Healthcare care was providing more care, and making less profit as a result.
Now I think the lawsuit is aimed at the earnings goals itself, and the communications around expenses, not the expenses themselves. “Too Much Care” is reductive, sensationalized, but it’s not outright incorrect.
Remember that privatized healthcare is inherently broken, because your profit model depends entirely on denying people coverage.
SO, Blackrock is suing because “the public backlash prevented the company from pursuing ‘the aggressive, anti-consumer tactics that it would need to achieve’ its earnings goals.”
The “anti-consumer tactics” would be denying coverage on providing care. So, United Healthcare care was providing more care, and making less profit as a result.
Now I think the lawsuit is aimed at the earnings goals itself, and the communications around expenses, not the expenses themselves. “Too Much Care” is reductive, sensationalized, but it’s not outright incorrect.
Remember that privatized healthcare is inherently broken, because your profit model depends entirely on denying people coverage.
a parasite company of another parasite company.