Source: Beat The Press
by Dean Baker
“I’m not one to generally tout the wisdom of the economics discipline, but it actually does offer some useful insights into the likely motive for the murder of Brian Thompson, the CEO of United Healthcare (UHC). According to media accounts, the suspect, Luigi Mangione, was angered by his own and others’ experiences being turned down when submitting claims for healthcare service. United and other insurers make a profit by restricting the claims they pay, so their profit motive goes directly against people’s need to get healthcare. That simple story is undeniably true, but the picture is more complicated.” (12/12/24)
https://cepr.net/health-insurance-killing-economics-does-have-something-to-say/