Don't have health insurance...can't afford the copays

[ikojo]

on prescriptions?

It should warm your heart to know that William McGuire MD, CEO of UnitedHealthcare, is number 322 on the Forbes 400 Richest Americans...hhe's only 58 so he has many, many years to enjoy proceeds from ripping people off.

It says he was "self made" but his daddy was an engineer with an oil company. I doubt he lived in a tenement house.



NATIONAL HEALTH CARE NOW!!

HEALTH CARE NOT WEALTH CARE

http://www.forbes.com/lists/2006/54/biz_06rich400_William-W-McGuire_RI3M.html


Net Worth $1.2 billion Source Insurance, Self made

Age 58
Marital Status Married, 2 children
Hometown Wayzata, MN, United States
Education

Chief executive of UnitedHealthcare now the poster boy for the ills of back-dated stock options. Born in upstate New York, raised in Texas; father was an engineer for an oil company. High school basketball star became medical doctor; gave up practice as a lung and heart specialist for job at Peak Health Plan 1984. Company acquired by UnitedHealth 4 years later. Became chief 1991; acquired competitors, beefed up profits. Until recently stock rose 25% a year. Today UHC is nation's second-largest health care insurer. Projected 2006 sales: $72 billion. Compensation committee spoiled him; has received 35.2 million stock options since early 1990s. SEC investigating possible illegal backdating of company's options; stock down 17% since December. Butterfly collector has his own species: Euphyes mcguirei.

[ThomCat]

1. Yeah, tossing us all off the UH plans and forcing us onto

shitty Oxford plans saved UH a ton of money, and it came out of my pocket. And why the hell does our company's cost for insurance go up by 50% per year when we have the same number of employees and nothing has changed?

This guy is a damned crook! x(

[Lydia Leftcoast]

2. Yup, I read that, too

Did you know that United Health is based in Minnesota, but the attorney general won't let it offer policies there? That should tell you something.

Not that our allegedly non-profit health insurance companies are any better...

SINGLE PAYER NOW!