Everand Logo

Welcome to Everand!

  • Los Angeles Times

    Consumer Confidential: UnitedHealth's profits show it's great to be an insurer during a pandemic

    by David Lazarus, Los Angeles Times Oct 15, 2020 4 minutes

    Americans are protecting themselves from the COVID-19 pandemic in part by staying home and forgoing routine medical exams and other forms of non-urgent healthcare.

    Yet the country's largest commercial health insurer, UnitedHealth Group, on Wednesday reported a better-than-expected $3.2 billion in quarterly profit.

    And it reaped this windfall despite offering what it called "extensive" financial assistance for some policyholders in the form of reduced rates and copays.

    All of which raises an important question: How much profit is enough when it comes to health insurance?

    Or, put another way, should we just hold our noses as health insurers rack up huge profits because, well, that's capitalism

    You’re reading a preview, subscribe to read more.

    More from Los Angeles Times

    Los Angeles Times3 min readCrime & Violence
    Carvalho Faults Alleged Actions Of School Safety Worker Who Failed To Stop Fatal Fight
    LOS ANGELES — The Los Angeles school district has removed a campus-safety contractor from Washington Preparatory High School after an adult — who apparently worked for the contractor — refused to intervene before a fight that ended with the death of
    Los Angeles Times8 min read
    Beyond Erewhon: Inside The LA Grocery Store Where All The Cool Vegans Are Flocking
    LOS ANGELES -- On a rainy Saturday afternoon in late March, a block of East Hollywood is unusually quiet but for the corner of Fountain Avenue and North Edgemont Street. There, a line snakes halfway around the perimeter of a little vegan grocery stor
    Los Angeles Times3 min read
    Commentary: USC’s ‘Security Risk’ Rationale To Thwart Peaceful Protest Is Not Justified
    During Vietnam War protests, the Nixon administration called them “outside agitators.” Now my university’s provost prefers “participants — many of whom do not appear to be affiliated with USC.” Beyond Andrew Guzman’s misdemeanor of wordiness, the pla

    Related Books & Audiobooks