Forbes February 10, 2025
Last month, Andrew Witty led UnitedHealth Group’s first earnings call since the tragic murder of Brian Thompson, the CEO of its insurance division, UnitedHealthcare. The killing shocked the industry, drawing renewed attention to the nation’s largest health insurer at a time when public frustration over healthcare costs and coverage denials has reached a boiling point.
On the call, Witty addressed the elephant in the room: why America healthcare is unaffordable.
“Fundamentally, healthcare costs more in the U.S. because the price of a single procedure, visit or prescription is higher here than it is in other countries.”
Witty is right. Americans pay twice as much as their global counterparts for the same drugs, hospital stays and clinical services. Worse, insurers have...
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