Will UnitedHealth Prioritize Public Interest Over Profit?
How United Health Group's Monopoly Could Drive the Healthcare Industry Towards a Crisis
Analyzing the Company’s Financial Power, Political Influence, and Cybersecurity Issues
Those who follow the healthcare news may be aware of the cyberattack on “Change Healthcare” on February 21. 2024. The company is a subsidiary of the diversified healthcare company UnitedHealth Group, Inc.
The February cyberattack raised questions about its future implications for the United States, the global healthcare system, and the economy, as well as the role of UnitedHealth’s CEO, Andrew Witty, in addressing the problem.
On May 1st, Andrew Witty will testify before Congress. This step will confirm what the company's highest-ranked executives are doing about the recent data security breach.
UnitedHealth is a global wholesaler of healthcare products and insurance services. As of 2022, the company's reported revenue was $324.2 billion. In the same period, Andrew Witty, the Chief Executive Officer of UnitedHealth, received a total compensation of…