UnitedHealth said to be close to Brazilian deal

Article by: BLOOMBERG NEWS
Updated: October 4, 2012 - 10:52 PM

The company is looking to buy a stake in a large insurer there, sources said.

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elguevon1Oct. 5, 1212:03 AM

Just great.....now they will outsource all the jobs they can to both Brazil and India leaving US workers in the dust. Wait and see.......

smeeagain2Oct. 5, 1212:06 AM

Oh, those poor Brazilians!

tikiowlOct. 5, 12 6:59 AM

That is our money that is supposed to go for our health care. Instead this "for profit" outfit is buying resources in Brazil. Sounds like a Bain kind of deal.

formergopOct. 5, 12 7:17 AM

I feel bad for the Brazilians.

raineyrooOct. 5, 12 7:20 AM

So, we're bring our style of wasteful spending on health care to Brazil? Poor Brazilians...

daveparkOct. 5, 12 7:46 AM

tikiowl – Your money? It’s UHC’s money. This purchase will be good news for a lot of people right here in Minnesota & the US. Every time UHC buys another company, my company gets to sell them more networking equipment, which means job security for me. The sales guy who sells it will get a nice commission that will let him buy another new Chevy truck (mostly made in the US), probably another new Ranger bass boat (made in the US). He might even do some upgrades to his cabin (work done by local contractors). See where this is going? Sure, we need to be worried about health care costs but it’s not all doom and gloom when a company invests outside of the US. After all, it’s a “Global Economy” now.

onehappydogOct. 5, 12 8:48 AM

I just got laid off from there. They have more money now that they are laying off a few thousand people.

EleanoreOct. 5, 12 9:07 AM

After all, it’s a “Global Economy” now. - Nope, it's many sovergin economies interacting on a global plane. Regulations in Brazil are far different than in the US. Two different economies.