Thread regarding Optum layoffs

More RIFs to cover fines and lawsuit by US Labor Department

Fines paid by UHG over $1B since 2000
https://violationtracker.goodjobsfirst.org/parent/unitedhealth-group

https://www.fiercehealthcare.com/payers/unitedhealth-sued-us-labor-department-over-claims-denials

Unethical business practices can only last so long ... Sadly, no more revenues to cover fines hence continued RIFs ...

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| 1312 views | | 3 replies (last September 17, 2023) | Reply
Post ID: @OP+1oA2XapR

3 replies (most recent on top)

Fines + RIFs +outsourcing/offshoring = cost of doing business/more stock options bonuses/stock options for the top. AW and leaders bragged about how much they are saving this "house of cards"...zero accountability or sustainability.!

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Post ID: @4lcq+1oA2XapR

$1B over 23 year period is pocket change and not even a ripple on the bottom line. Cost of doing business I bet they made multiples of that doing practices that triggered the fines. I bet they can even enter the fines on the ledger as a loss to help out with tax avoidance.

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Post ID: @4jfq+1oA2XapR

Unethical is the word that best describes and sums up the entirety of this company's business practices. Very sad for it's dedicated employees and for it's customers.

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Post ID: @1pfn+1oA2XapR

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