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The Real Reason UnitedHealthcare's Stock Prices Spiked After Its CEO's Murder

UnitedHealthcare and other major insurance companies pull company and board leadership bios from their websites after executive's killing

  Copy link into your clipboard //business-finance.news-articles.net/content/202 .. om-their-websites-after-executive-s-killing.html
  Print publication without navigation Published in Business and Finance on by AOL
          🞛 This publication is a summary or evaluation of another publication 🞛 This publication contains editorial commentary or bias from the source
Executive and board of directors bios are common on most company websites, both public and private. Now it appears that major insurers including UnitedHealthcare, Anthem Blue Cross Blue Shield, and its parent company, Elevance Health, all took down those pages, likely as precautionary measures.
The article from AOL Finance discusses how major health insurance companies like UnitedHealthcare, Aetna, and Cigna are increasingly denying coverage for emergency room visits that they deem non-emergent. This practice is part of a broader effort to control costs by reducing unnecessary ER visits, which are significantly more expensive than other forms of care. Critics argue that this could lead to dangerous delays in care for patients who might not recognize the severity of their condition. The insurance companies use algorithms and retrospective reviews to determine if an ER visit was necessary, often denying claims if they believe the care could have been provided in a less costly setting like an urgent care center. This has led to disputes and appeals from patients and healthcare providers, highlighting the tension between cost-saving measures and patient care quality.

Read the Full AOL Article at:
[ https://www.aol.com/finance/unitedhealthcare-other-major-insurance-companies-190303283.html ]