UnitedHealth Isn’t Unprofitable. It’s Just Counting Your Premiums Twice.
UnitedHealth claims a 3.6% profit margin by treating your premiums as revenue while calling your medical claims ‘pass-through costs.’ A new study reveals the real margin is four times higher. This isn’t accounting—it’s a loophole that lets insurers deny care while hiding billions in profits. Here’s how they do it and why the MLR rule made it worse.