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Timesuck with Dan Cummins

491 - The Good, the Bad, and Corporate Greed: American Healthcare Explained

Timesuck with Dan Cummins

Dan Cummins

Cults, True Crime, Adult Humor, Religion, Conspiracies, Society & Culture, Education, History, Conspiracy, Biographies, Comedy, Dark Humor

4.822.4K Ratings

🗓️ 26 January 2026

⏱️ 170 minutes

🧾️ Download transcript

Summary

Whoo BOY! This week's episode is packed with info and stats. How did the US healthcare system get so expensive and complicated? Is it still better than some form of universal care? Throwing a lot of history and stats at you today, and comparing our model to the healthcare models of some other countries to show that there are other ways. Ways far cheaper for the average citizen that work as well as ours. So... why don't we change?

Transcript

Click on a timestamp to play from that location

0:00.0

A little over a year ago, on December 4th, 2024, CEO of United Health Care Brian Thompson arrived at the New York Hilton and Midtown Manhattan.

0:09.8

50-year-old Brian had worked for United Health Care since 2004. As its CEO, he supervised an organization that insured 49 million Americans, making it the largest health insurer at the time in the U.S.

0:22.0

one that generated $281 billion in revenue for the 2023 fiscal year.

0:28.0

Ryan was undoubtedly very good at his job.

0:31.3

Under his leadership, UHC's profits increased from $12 billion in 2021 to $16 billion in

0:37.4

2023.

0:38.6

His total annual compensation was $10.2 million.

0:42.4

But not everything at work was perfect.

0:45.1

Just a few months earlier, United Health Care was named in an October 2024 report

0:49.6

from the United States Senate Homeland Security Permanent Subcommittee on Investigations that showed a, quote,

0:55.9

surge and denials for Medicare patients. And a few months before that, in May of 2024, a lawsuit was

1:02.5

filed against Thompson, along with three other senior executives for alleged fraud and insider

1:07.3

trading due to failing to disclose an antitrust investigation into the company

1:11.6

by the United States Department of Justice and by selling stock options before the probe was

1:16.8

made public. Perhaps Brian hoped, as he arrived at the Hilton at 6.40 a.m., that neither of those

1:22.6

things would come up in the meeting. But of course, those concerns would soon turn out to be null and void.

1:28.8

As he arrived, an assailant waited across the street, then crossed over when he identified

1:33.2

Thompson. From approximately 20 feet away, the assailant fired at him three times from a suppressed

1:38.1

9mm pistol, striking him in the back and right calf. At 7.12 a.m. Thompson will be declared

1:43.8

dead at Mount Sinai Hospital.

1:46.2

Already a confusing crime, investigators would be even more surprised when they found out what was

1:51.0

carved on the bullet casings. The words delay, deny, and depose. This assailant, as many of us know,

...

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