NEW YORK / BOSTON, Jan 8 (Reuters) - UnitedHealth Group ( UNH )
shareholders on Wednesday said they requested the
company prepare a report on the costs and public health impact
related to its "practices that limit or delay access to
healthcare."
If the proposal makes it to a vote at the company's annual
meeting it would raise a charged topic after a senior executive
was gunned down in Manhattan last month.
A spokesperson for UnitedHealth ( UNH ) said the company will
respond to shareholder proposals for its 2025 proxy statement
once it files the document that serves as an agenda for its
annual meeting, which has not yet been scheduled. In recent
years, the company has issued its proxy in April ahead of a June
annual meeting.
Those who filed the resolution include religious groups led
by the Sisters of the Holy Names of Jesus and Mary of Quebec,
and Trillium Asset Management.
The group proposed an analysis of how prior authorization,
or approval required by an insurer before a patient can receive
medical care, and denials of medical services lead patients to
forgo treatment.
"The pattern of delays and denials of necessary medical care
by UnitedHealth ( UNH ) and other insurance companies harms more than
just the patient themselves," Wendell Potter, president of the
Center for Health & Democracy and a former Cigna
executive, said in a statement sent in support of the resolution
by the Interfaith Center on Corporate Responsibility.
UnitedHealth ( UNH ) runs the country's largest health insurer,
UnitedHealthcare, as well as pharmacy benefit manager Optum and
medical practices.
The killing of UnitedHealthcare CEO Brian Thompson in
December galvanized criticism of U.S. health insurers, with
swarms of patients describing delayed or denied care and
accusing companies of using deceptive practices.
Luigi Mangione, 26, who was accused of killing Thompson,
pleaded not guilty in a New York court in December after
receiving thousands of dollars in public donations shortly after
his arrest.
In a December statement, UnitedHealth ( UNH ) said it approves and
pays for an average of 90% of medical claims submitted.
"Highly inaccurate and grossly misleading information has
been circulated about our company's treatment of insurance
claims," UnitedHealth ( UNH ) said.
UnitedHealth ( UNH ) CEO Andrew Witty in a message to employees
described Thompson as "one of the good guys," adding the company
would continue to service the most vulnerable Americans.