UnitedHealth CEO says U.S. health system 'needs to function better' [View all]
Source: Yahoo! Finance/NBC News
Updated Thu, January 16, 2025 at 9:11 PM EST
The CEO of UnitedHealth Group said Thursday that shortcomings of America’s health care system must be addressed. On the company’s first earnings call since the fatal shooting of UnitedHealth executive Brian Thompson, CEO Andrew Witty said that while the U.S. provides world-leading care in many respects, there are systemic flaws that are working to drive up health costs for people in the country.
“The health system needs to function better,” he said, adding that the “variety” of state, federal and private sector structures and programs have created a “confusing,” “complex” and “costly” health care landscape.
Witty began the call expressing gratitude for the condolences received in the wake of Thompson’s death. “Many of you knew Brian personally,” Witty said, referring to the investors on the call. “You knew how much he meant to all of us and how he devoted his time to help make the health system work better for all of the people we’re privileged to serve.”
The suspect charged in Thompson's killing, Luigi Mangione, is currently being held without bond in Brooklyn. He faces capital murder charges, to which he has pleaded not guilty.
Read more: https://finance.yahoo.com/news/unitedhealth-ceo-says-u-health-204736305.html
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