You are running the easiest semi-legal racket in the world and your unchecked greed is going to bring the whole thing to the ground. Money just rolls in and you don't even have to produce anything tangible. You don't even have to guarantee healthcare for your Insurance premiums. A little advice from a street guy, when your getting away is as a shylark especially in a crony-capitalist fraud it is better to keep customers happy and maintain the illusion of legitimacy.
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Great business model folks. It's just so blatant. The people/customers/government are becoming aware of the rot.
Violation Tracker Current Parent Company Summary-
Current Parent Company Name: Centene-
Ownership Structure: publicly traded (ticker symbol CNC)-
Headquartered in: Missouri-
Major Industry: healthcare services-
Specific Industry: managed care-
Penalty total since 2000 for companies currently owned: $1,919,886,010-
Number of records: 242
@ef https://violationtracker.goodjobsfirst.org/parent/centene
@eb I think this company does care and tries to balance the needs of all stakeholders. Aetna, along with others, pulled out of the ACA. We stay. We are also heavily in Medicaid. It’s the system we have here.
Look out. ACA numbers are way down. You have gotten too greedy. The people are getting wise to your "health" protection racket. Way to go, you took a perfectly good thing and ruined it.
@e7 Jail is for low level crime. This is about continuing your racket. Every time you are in the news for illegal activity (and that is often) the people gain more of a reason to find an alternative to for-profit health insurance. We all know your in the business of fleecing the government. At the very least, pretend like you care about providing health care to people who can't afford it.
@e4 Most companies just factor “legal issues” into the cost of doing business. Remember the financial meltdown of 2008? No one, not one person, at the highest levels went to jail.
@e3 If you are waiting for Americans to get wise, you might want to talk to some of them. They ain’t that bright. I think the average American adult reads at a 6th grade level. So I think we will be okay in that regard 😉
@e0 Oh the fear tactic. Nice. If you want to continue selling health "insurance" it would be better to focus avoiding legal troubles.
You don't own health care, you just corrupt to implementation. We The People...WILL someday get wise and remove the for-profit Health "Insurance" sector. Prepare accordingly.
@dy of course we are profiting off of it. It’s called capitalism. Do you know how far you would sink the U.S. into an economic recession/depression if you took away all the profits in the entire healthcare sector? Not to mention all the hospitals that would close, providers that would either leave the profession or just do concierge medicine? For good or bad, this ain’t Canada, chief.
@dt Does it make you feel better to have partners in crime? That's like saying I only own the chop shop and change the serial numbers, I don't steal the cars. OR I don't rig the bidding process I just get the construction jobs because of it. OR I don't beat people up, I just send people to do it if they can't pay me back. It's all wrong, YOU are profiting from it and needs to stop. Lets pull a RICO.
Right. Because it’s only insurers that are corrupt. It’s everyone in healthcare. From the doctors writing scripts for Oxy in rural areas to the pharmacists who fill them to the pharmaceutical industry producing them to the hospital administrators who see patients as entries on an accounting ledger to nursing home operators who set up companies to siphon off Medicaid funds to insurance brokers who have been caught switching members from one ACA plan to another. To all providers upcoding increase reimbursement. I could go on all day.