Anyone remember the tax rebate that trump gave to big companies? Well uhc got an extra billion at least... and what did they do with it? Well, according to the upper management they " are using it to make healthcare more affordable "... I guess that really means paying to set up offices outside the USA, and hiring offshore and terminating American jobs... good ol uhc... rotten to the core, greedy scumbags
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The Poehling case, in case anyone is interested in how UHC operates to the determent of its customers and employees:
https://www.newyorker.com/magazine/2019/02/04/the-personal-toll-of-whistle-blowing
They used it for stock buybacks mostly.
The Medicare Hospice fines. Keeping patients in hospice when they are not terminal for up to a year or longer.
I remember when they CFO or some other corporate flunky put a statement out on "the hub" stating that lie about using it to make healthcare more affordable for their members....LOL! Of course they had just raised the rates for their workers... I remember all the sheep leaving comments about how proud they were to work for such a company......bahahahaha! How's that working out for you now?
I was not part of the layoffs but some
Of my coworkers were. Management says don’t worry our jobs are safe.... but I am worried.
They will use it to pay fines. They owe the Pacificare fine. There will be a mega fine in the Poehling case. Don’t forget the Pennsylvania Long term care debacle.
Severance payout is expensive, nothing left for bonuses.
Other companies gave their employees stock, or bonuses... but not uhc!