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Home » Oscar Health CEO explains that the US medical industry is 'already collapsing'
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Oscar Health CEO explains that the US medical industry is 'already collapsing'

adminBy adminJuly 1, 2007No Comments2 Mins Read
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After UnitedHealthcare (UNH) CEO Brian Thompson was shot and killed in New York City last week, various health insurance companies removed executive bio pages from their corporate websites. NYPD investigators determined the shooting was a “pre-meditated, pre-planned, targeted attack” as the search for the perpetrator continues.

The incident has sparked a conversation among Americans, who are voicing anger about their negative experiences with insurance companies and broader flaws in the American health care system.

Oscar Health (OSCR) CEO Mark Bertolini speaks with Sheena Smith, Madison Mills, and Anjali Khemlani on Yahoo Finance's Catalyst and discusses the various frustrations Americans have with the current state of the U.S. healthcare system. I talked about some of it.

“The American people exist in a system that was designed 80 years ago, after World War II,” said Bertolini, who also served as Aetna's CEO from 2010 to 2018. do.

“And I think that system is pretty much broken right now, and has been broken for some time. I've been advocating for change for a long time, and I believe there are ways to improve this country.” And I think that primarily starts with ensuring that our health care system meets individual needs rather than collective needs. And now our systems are largely built around meeting collective needs. ”

For more expert insights and analysis on the latest market trends, check out More Catalysts here.

This post was written by Luke Carberry Mogan.



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