• Chemical Wonka@discuss.tchncs.de
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    3 hours ago

    Unfortunately, this is only a temporary oscillation and they will soon recover and everyone will forget what happened. The damage must be done to the political structure that allows these companies to exist as they are

  • Snapz@lemmy.world
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    6 hours ago

    Doesn’t matter what you think really though, right? These businesses operate on measurable KPIs and if overall thresholds weren’t being hit, something would happen.

    If you were a manager with that attitude, you’d be a micro manager and we all know that that type of manager, in any sector, SUCKS.

  • rarbg@lemmy.zip
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    16 hours ago

    Why are healthcare denials sent to and shouldered by patients? If you go to an in network facility, that place is vetted by insurer. So why isn’t a ‘denial’ a matter between the provider and the insurer and transparent to the patient?

    • LifeInMultipleChoice@lemmy.ml
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      14 hours ago

      Why are there networks, health insurance companies, co-payments, payment disputes/ negotiations of prices, and people suffering from not receiving medical care?

      Oh yeah, because this way it costs us significantly more and we can think we are doing better than others in life by acquiring a job where we have linked medical coverage too.

      The fact that there are “classes” of healthcare is just repulsive.

  • Phoenixz@lemmy.ca
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    16 hours ago

    Health care insurance should be handled by governments, or alternatively by law by non profit foundations

    • jagged_circle@feddit.nl
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      16 hours ago

      Some would argue that should be the case for all companies.

      Imagine how much better for profit companies would function if they didn’t have investors skimming off their profits.

      For profit companies should be illegal.

      • capital@lemmy.world
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        15 hours ago

        Have you ever worked in government?

        Getting the simplest shit done takes forever.

        By contrast, getting things done in a private company is quick as hell by comparison.

        I wouldn’t say government bodies “function better” in my experience.

        All that said, healthcare is one thing I’d definitely like to see handled by the gov rather than privatized.

          • capital@lemmy.world
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            13 hours ago

            Sorry. I misattributed the government piece to you instead of one further comment up.

            I can’t say I have any experience with NGOs to make a determination on that for myself.

            • jagged_circle@feddit.nl
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              11 hours ago

              I do have experience with NGOs. The only issue with them is that capitalism doesn’t allow ethical business to thrive.

              If for profit companies were outlawed, they’d function much better

        • Snapz@lemmy.world
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          14 hours ago

          You’re argument here is quantity over quality - “these people kill a lot of other people with those decisions, sure… but they make those heavy decisions lightly and quickly and often with an algorithm! That FEELS impressive to me because I’m a toddler that responds to kinetic stimulus for the sake of it and I can’t see any nuance!”

          Also, part of what you’re talking about is by design - Republicans shoot their constituents in the feet so those people can then have foot pain to complain about. Then, when complaining gets vocal, the gop politicians come in and say “we need to just get government away from your feet and they’ll be less painful” ---- They are the “government” that shot you and you are the constituent with a hole in your foot.

          So whine about government being slow some more.

          • capital@lemmy.world
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            14 hours ago

            But the quality isn’t good either.

            When I worked in government I was surrounded by people who fucking sucked at their jobs. And why try any harder to get better? They were basically un-fireable. They could come in, do jack shit all day, and collect their paycheck.

            So, no, it’s not an argument for quantity over quality. In my experience, both are better in private industry.

            My experience is based heavily in IT, for context.

            However, I do not believe it is the case that private industry is always the answer, as I stated earlier.

            Have you ever worked in government?

            • Snapz@lemmy.world
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              6 hours ago

              Yes, and speaking to quality in this case is not about individual performances, it’s about overall quality of outcome. Are you familiar with Pareto?

              Stop fixating on Janice in accounting scrolling facebook and how you feel slighted by her or Derek in operations who shows up 30 minutes late to meetings. The bigger machine on government side works most of the time, with transparent accountability, on that side, in the case of insurance, it emotionlessly kills people for profit on the other.

              • capital@lemmy.world
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                6 hours ago

                I’m focused on outcomes. I just think individual performance contributes to those overall outcomes.

                I’ve seen millions in wasted IT equipment that never got used due to incompetence. Old ass equipment that sticks around far past its expiration which turns into an emergency to replace when it finally starts breaking hard.

                In my current position I work directly with the US government and I actively try to get them to run more efficiently, reliably and cheaply. They literally don’t give a fuck. It’s like talking to a wall.

                I’ve seen far less of that in the private sector.

                • Snapz@lemmy.world
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                  6 hours ago

                  Also, your fixation here is on pennies and not dollars. Large systems account for waste and allow for less precise action. They do that because they know that enables less logistical slowdown on average and overall they will be more successful in big picture.

                  As you grow, you’ll learn to focus on broad strategy and not get lost in fixation on individual tactics. Set good policy and allow people room within to figure it out - without a bummer of a nag in middle management meandering around trying to save pennies at the cost of dollars to justify their existence.

    • DreamlandLividity@lemmy.world
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      15 hours ago

      Usually, things handled by governments suck in orthogonal ways to private companies. Private companies suck due to greed. State owned stuff sucks due to incompetence.

      Where I live, we have a state owned insurance company, but others are allowed to compete with it. Optimistically, they competing with each other making all of them better. Pessimistically, you choose the one that sucks least from your point of view. Either way, better than any proposed alternative.

      • CeeBee_Eh@lemmy.world
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        6 hours ago

        Right. Because healthcare in other countries like Canada, the UK, and European countries are so terribly run compared to US healthcare.

  • crystalmerchant@lemmy.world
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    13 hours ago

    …until it goes right back up in [insert timeframe]

    Will we never learn?? Make it stick!! Take more action!! Please let this be the spark

  • Mr_Blott@feddit.uk
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    21 hours ago

    The fucking disgusting bit is that’s less than 8%. So it’s still only 3% lower than it was at the beginning of the year

    How many people died for that line?

    • ColonelPanic@lemm.ee
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      18 hours ago

      Yes but have you considered that line goes down? Line must never go down so further cuts must be made to ensure line goes up next quarter.

  • x00z@lemmy.world
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    20 hours ago

    Too bad they will make damn sure this doesn’t hurt the shareholders but the people themselves.

  • Mubelotix@jlai.lu
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    21 hours ago

    If Luigi has shorted the company with some leverage, he might now be incredibly wealthy

  • Clinicallydepressedpoochie@lemmy.world
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    17 hours ago

    Elder CEO mentoring prodigy, “that’s why you need state of the art security, if one of the plebs goes and murders you the shareholders will suffer in their quest for never ending profits”