this post was submitted on 06 Jun 2025
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[–] Auntievenim@lemmy.world 41 points 8 months ago (1 children)

40x~$75$/hr = $3000/hr they're willing to spend instead of giving you insurance you paid for

[–] Modern_medicine_isnt@lemmy.world 9 points 8 months ago (1 children)

Apparently they did start approving more right after it. And now they are getting sued by blackrock, a majority shareholder, for hurting profits. As much as I dislike these CEOs, the system breeds them to be this way. And there will always be more to take thier place. But holding them accountable will also mean that doing the right thing becomes good for the shareholders.

[–] Auntievenim@lemmy.world 3 points 8 months ago (2 children)

Alls I'm saying is you'd probably save more money paying out claims over hiring full time security for 40 different executives who cant help but deny claims

Its that thing, you know? You caused a problem and instead of fixing that problem you fix the next problem.

The issue is for profit healthcare. Instead of making the choice which would remove the executives from the crosshair, they decide adding bodies between us and them is the best option. Id assume those people care about their lives not ending, and the cheapest way to do that is to provide coverage to the people paying for it. $3000/hr is not just a throwaway expense, and that was a rough estimate erring on the extremely low end of private security.

I was simply spelling out how much they're willing to pay just for the privilege of denying healthcare to Americans. That's your money (hypothetically.) They would rather spend that money on defense forces than do their fucking jobs. I understand they are being sued by blackrock, but blackrock isn't the one creating a need for private security. Interesting choice is all I can say.

[–] Modern_medicine_isnt@lemmy.world 2 points 8 months ago (1 children)

I think you underestimate how much the "save" from denying claims the way they do. Thier net income is about $2.25 million per hour. I don't know where the $3000/hour came from, but that is a drop in the ocean to them

[–] Auntievenim@lemmy.world 2 points 8 months ago

where the $3000/hour figure came from

I just pulled a number out of my ass lol reality is that they're spending significantly more for this security, I just wanted to give an example of what it costs to have one security guard getting paid $75/hr (guesstimate hourly rate for mid level security) for each of these 40 executives.

Scale that as far as you want $3000/hr is just the bare minimum for something like this

I dont disagree with your point though. They could pay to send a monkey into the sun. Its not a matter of what they can afford; it's about sending a message.

[–] AnarchistArtificer@lemmy.world 2 points 8 months ago (1 children)

When you get to silly levels of wealth, it's less about the money and more about power. You're right that £3000/hr is an absurd amount to spend, and that suggests that they value the power they have within this inhumane system more than the monetary cost of private security.

[–] Auntievenim@lemmy.world 1 points 8 months ago

Exactly, its more a flex than even an actual security measure. They're making it clear: your life is worth less than this. "We will spend more than you make in a year to keep our executives safe from people, like you, who are sacrificed to keep us rich"