What will be the impact on Medical Care stocks following the murder of the CEO of UnitedHealth?
The support for the murderer by the public in the USA reveals their long-standing resentment towards the Medical Care Industry, which may lead to a reckoning for that industry, and investors should be prepared for significant changes in this investment area.
UnitedHealth Group CEO Says His Company Needs to Be More Transparent About Insurance Coverage
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Reported Earlier, UnitedHealth Inks $69M Deal Over Wells Fargo 401(k) Funds
The CEO of UnitedHealth Group (UNH.US) stated that the USA Medical Care system needs reform.
Andrew Witty, the CEO of UnitedHealth Group (UNH.US), expressed condolences on Friday for the death of the company's Insurance segment head, Brian Thompson, and acknowledged that the USA Medical Care system has flaws that need reform. This murder case has triggered a long-suppressed wave of resentment and anger towards the Insurance industry, which is blamed for escalating medical costs and difficulties in accessing Veterinary Services. Witty pointed out that Medical Care is both personal and complex, and the reasons behind underwriting decisions are unclear, but acknowledged the group's role in addressing the challenges of USA Medical Care.
The CEO of UnitedHealth admits to flaws in the healthcare system, will Medical Care stocks face a policy storm.
UnitedHealth CEO Andrew Witty expressed deep condolences for the murder of executive Brian Thompson and acknowledged the flaws in the USA medical system.
Express News | USA UnitedHealth Group: The suspect in the executive shooting case is not a client of the company.
UnitedHealth CEO: "We Know the Health System Doesn't Work as Well as It Should"
UnitedHealth Group CEO Addresses Brian Thompson Death, Says Healthcare System Is 'Flawed'
Why UnitedHealth Group (UNH) Is the Best Long-Term Dividend Stock to Invest in Right Now
Value Stocks Hit Record Losing Streak -- WSJ
UnitedHealth Stock Has Plunged Since Brian Thompson's Murder. The CEO Now Is Calling for Healthcare Reform.
Deutsche Bank: If the USA Congress advances PBM reforms, CVS Health (CVS.US), The Cigna Group (CI.US), and others will face severe impacts.
Deutsche Bank believes that if the USA Congress passes legislation requiring Medical Insurance and Pharmaceutical Benefits Management (PBM) companies to divest their Pharmaceutical Business, CVS Health, The Cigna Group, and Humana will be significantly affected.
Why are the people in the USA cheering? The CEO of an Insurance giant was shot, and there are actually 0.035 million "haha" emojis under the official post!
Gelonghui December 13 | According to Daily Economic News, a shooting occurred in New York, USA on the morning of December 4. Brian Thompson, CEO of UnitedHealth Insurance, was shot and killed outside the Hilton Worldwide hotel in downtown Manhattan. On December 9, the suspect in the shooting, 26-year-old Luigi Mangione, was arrested in Pennsylvania. CNN reported, citing a police officer, that Mangione was still holding a document condemning the USA Medical Insurance Industry at the time of his arrest. According to preliminary police investigations, this was a targeted attack.
The murder case has triggered a major transformation in the Industry: a proposed bill in the USA Congress aims to break the Medical Insurance monopoly.
① The CEO of UnitedHealth Insurance, Brian Thompson, was killed, triggering widespread criticism from the American public regarding the Medical Insurance Industry; ② The U.S. Congress is currently reviewing two bills aimed at breaking the monopoly in the Insurance industry, marking the first time lawmakers are introducing policies targeting the Insurance industry since Thompson's murder; ③ Senator Warren stated that the public opinion in the USA should raise awareness among all practitioners.
Trump rings the opening bell for the NYSE: The stock market is everything, and significant actions will be taken regarding Cryptos.
On Thursday, Donald Trump rang the opening bell at the NYSE. He emphasized the importance of the stock market, stating that the stock market is everything, and plans to take significant actions regarding Cryptos, lower the corporate tax rate to 15%, and increase Petroleum Extraction to alleviate the current inflationary pressures.
Express News | The major health insurance giant stated that the suspect who assassinated its CEO is not a customer of the company.
Express News | A spokesperson for UnitedHealth Group stated that Mangione's mother also did not have UnitedHealth insurance.
"Person of the Year" Trump rings the opening bell at the NYSE, emphasizing that "the stock market is everything."
On December 12, the elected President Trump was named Time Magazine's Person of the Year for 2024, ringing the opening bell at the NYSE that day; Trump rang the bell with the CEO of ICE and the CEO of Time Magazine, along with the president of the NYSE, while the CEOs of companies such as Goldman Sachs and Citigroup were present; Trump promised an "unprecedented economy," planned to increase oil drilling to reduce inflation, and committed to lowering the corporate tax rate to 15%.