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From: Cryptoengineer <petertrei@gmail.com>
Newsgroups: rec.arts.sf.written
Subject: Re: [OT] Murder in New York
Date: Thu, 12 Dec 2024 19:21:19 -0500
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On 12/12/2024 11:55 AM, Paul S Person wrote:
> On Wed, 11 Dec 2024 19:22:49 -0500, Cryptoengineer
> <petertrei@gmail.com> wrote:
> 
>> On 12/11/2024 12:26 PM, Paul S Person wrote:
>>> On Tue, 10 Dec 2024 21:04:42 +0000, quadibloc <quadibloc@gmail.com>
>>> wrote:
>>>
>>>> A few days ago, I had read in the news that the CEO of a major health
>>>> insurer was gunned down. This was shocking; it seemed to mean that no
>>>> one
>>>> was safe from crime.
>>>> Then I came across the following information on a web site: that the
>>>> health care insurer of which he was the CEO had used an AI system to
>>>> process claims; this system rejected 90% of all claims, including many
>>>> valid ones.
>>>> Maybe this site is a leftist one, and this claim is not true, I don't
>>>> know for sure. But if it is true, my sympathy for this homicide victim
>>>> basically evaporated. After all, if someone's health insurer doesn't
>>>> pay out on valid claims... that person might not get health care. That
>>>> kills people. But the legal system wasn't in the process of prosecuting
>>>> him as aggressively as any other murderer.
>>>
>>> I saw the claim; I have no idea how true it is.
>>>
>>> You must keep in mind that the USA does not have a "medical system".
>>> It has a Medical Industry composed of various competing business
>>> enterprises.
>>>
>>> And the purpose of a business enterprise is to /make money/, not to
>>> /pay claims/.
>>
>> This 'corporatism' is something I'm less and less in love with every
>> year.
>>
>> No matter what their PR may tell you, the fiduciary duty of
>> the officers in every public corporations is the same: "Maximize
>> shareholder return on investment". NOT "Serve our customers". If
>> they fail to do so at every opportunity, they can be sued.
>>
>> Particularly when their customers are individuals, there is an
>> enormous disparity in agency and power, and corporations will
>> use their power to ride roughshod over people, and every year
>> it looks like they have fewer ethics and less of a conscience.
>>
>> I'd love to find a solution which rebalanced this.
> 
> The Supreme Court provided a solution when they declared them to be
> persons like everybody else.
> 
> The solution is simple: when a corporation breaks the law, the
> Chairman of the Board, the President (or whatever the title is in a
> given case), and the first five levels down from the top of Management
> are considered to be legally responsible.
> 
> /They/ go to prison. /They/ get executed if appropriate. This should
> induce a certain amount of ... prudence ... in people in those
> positions. And effective supervision of those below them.
> 
> If a more accurate assignment of responsibility can be made, then it
> should be. But the top dogs should only be held not responsible if the
> actual malefactors /deliberately and knowingly concealed/ what they
> were doing.
> 
> If you want to tell me this isn't practical, my response it: it should
> be /tried/. If nothing else, the Supreme Court should be faced with
> either allowing it or reversing their prior decision and making
> corporations no longer legal persons.

I'd love to see that, but now that corporations are held to be persons,
they can, through 'campaign contributions' bribe legislators to change
the rules in their favor.

We're seeing this happening right now.

pt