Health Insurance Execs Should Live In Fear Of Prison, Not Murder

Mangione has found popularity precisely because the man he is accused of killing ran a company that routinely boosted profits by pushing its customers closer to illness and death. Earlier this year, a U.S. Senate committee investigated UnitedHealthcare and determined that the insurance company frequently denied nursing care to patients who were recovering from falls and strokes in order to boost its profits. Health news platform Stat reported that a UnitedHealthcare subsidiary called NaviHealth systematically denied care for seriously ill seniors. Thompson himself was facing a class-action lawsuit for insider trading amid a Department of Justice investigation.

Of course, it is easy to treat UnitedHealthcare’s abuses as the actions of just one evil company run by a handful of bad men. But these companies are owned by Wall Street. Institutional investors and shareholders reward and punish corporate executives based on the profits they generate and the share prices they produce. In causing harm to so many Americans, Thompson was meeting the demands of his corporate board members and the even wealthier interests that they serve.