UnitedHealth joins the Dow

  • Article by: JACKIE CROSBY , Star Tribune
  • Updated: September 14, 2012 - 11:25 PM

State's largest public company joins 3M in index of 30 blue chips.

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turgidSep. 14, 1211:12 PM

"...revenue that eclipsed $100 billion for the first time last year."... proving definitively that the US has the best wealth care system in the world.

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bgmach3Sep. 15, 12 8:29 AM

Good maybe now they can cut back on the massive deductible I have on my plan. This whole health care system in this country is crap. And for those of you that are fortunate to have employer provided healthcare count your blessings because one day you may wake up and not have it. Then I would like to hear your comments.

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eman2001Sep. 15, 12 9:12 AM

For-profit health care in the US: An additional cost of $3000 per person above the cost in Germany. No wonder we can't compete in the world economy.

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hms11kySep. 17, 1212:04 PM

The committee that selects stocks for the DOW says it chooses companies with "an excellent reputation." This latest decision makes me ask, "What planet are they on?" UnitedHealth has on more than one occasion been indicted for fraud. The DOW opts for a for-profit health insurer just when investors are being asked to divest from such companies. Here are the comments of a stockholder at a recent TIAA-CREF meeting questioning the inclusion of health insurers in social choice portfolios: "Private health insurance companies add enormous cost but no value to health care. Furthermore, these companies violate 3 of the 5 social criteria for inclusion in the [social choice] fund, including: 1) NOT “devoted to human rights;” 2) NOT “dedicated to producing high-quality and safe products;” and 3) NOT “managed in an exemplary and ethical manner.” Far from it--they routinely break the law and are fined hundreds of billions of dollars a year. Health insurance company practices of denial of care, raising of premiums and out-of-pocket costs outrageous overhead and executive compensation result in spiraling healthcare costs, worsening health, premature loss of life, and bankruptcy for countless Americans. . ." Persons of conscience are asked to divest now. Ask your pension fund to drop health insurers such as UnitedHealth, Cigna, Aetna, HUMANA, WellPoint.

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