CEO killing, rage over insurance pushes UnitedHealth into crisis, Bloomberg says

As police hunt for the shooter who killed UnitedHealthcare’s CEO Brian Thompson, UnitedHealth (UNH) is simultaneously trying to cope with the personal tragedy of losing a top executive and a spiraling PR crisis, Bloomberg’s Riley Griffin, Michelle Fay Cortez, and John Tozzi report. Instead of eliciting sympathy from the public, the death of the insurance division’s chief executive officer has spawned a hate machine against the insurance industry that’s only getting louder as the days drag on with little insight into the killer’s motives. Inside the company, meetings and presentations were canceled, and a crisis communications firm was tapped to help, the publication notes. The vitriol following the shooting sparked a reckoning among some UnitedHealth employees. Some employees grappled with the idea that their paychecks were padded in part by the practice of denying care.Other publicly traded companies in the space include CVS Health (CVS), Centene (CNC), Cigna (CI), Elevance Health (ELV), Humana (HUM), and Molina Healthcare (MOH).