UnitedHealth Raises Profit Outlook After Predicting A Loss and Raising Your Rates

In April, 2018 this is what was reported:

(Reuters) – UnitedHealth Group Inc reported stronger-than-expected quarterly results on Tuesday and said it was coping with uncertainty in U.S. healthcare laws by pricing its 2018 insurance plans to include a costly Obamacare tax.

Do you see how they create a diversion and then use that BS to legitimize their rate hikes?  Doesn’t anyone else realize that they do this EVERY year.  Guess what happened?

Revenue rose 12% to $56.1 billion, boosted by more consumers using its services in its health-care plans.

Analysts said the earnings beat was fueled largely by non-operating factors, particularly a tax rate that was lower than some had estimated.

Yes, $56 billion! Did you know that only about 75 countries have a GDP more than this company?  And they made this on their customers backs because the tax rate was “lower” than expected.  So why don’t they return the money to their customers?

Without competition these bastards will do the same thing this upcoming year.  Just watch.  They create a lie to justify an increase and then they rake in the dough.  It’s not hard. Imagine a business where you can raise your prices as much as you want because you know the customer HAS to buy it?

This has to stop!  Look into other options.  Look for cheaper plans across states lines if you are allowed.  Consider the health ministries.  This cornerstone of the Medical Axis of Evil needs to be destroyed.

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Douglas Farrago MD

Douglas Farrago MD is a full-time practicing family doc in Forest, Va. He started Forest Direct Primary Care where he takes no insurance and bills patients a monthly fee. He is board certified in the specialty of Family Practice. He is the inventor of a product called the Knee Saver which is currently in the Baseball Hall of Fame. The Knee Saver and its knock-offs are worn by many major league baseball catchers. He is also the inventor of the CryoHelmet used by athletes for head injuries as well as migraine sufferers. Dr. Farrago is the author of four books, two of which are the top two most popular DPC books. From 2001 – 2011, Dr. Farrago was the editor and creator of the Placebo Journal which ran for 10 full years. Described as the Mad Magazine for doctors, he and the Placebo Journal were featured in the Washington Post, US News and World Report, the AP, and the NY Times. Dr. Farrago is also the editor of the blog Authentic Medicine which was born out of concern about where the direction of healthcare is heading and the belief that the wrong people are in charge. This blog has been going daily for more than 15 years Article about Dr. Farrago in Doximity Email Dr. Farrago – [email protected] 

  1 comment for “UnitedHealth Raises Profit Outlook After Predicting A Loss and Raising Your Rates

  1. Christopher Rhody
    July 25, 2018 at 12:40 pm

    You don’t understand how this works. You are very bad at math. Do you know what an actuary is? They tell the insurance company what claims they will have. Using the ICD and CPT coding system they manipulate payment and premiums to achieve a desired profit. That is how it works. Do you understand now?

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