UnitedHealth Blocks Transparency on Coverage Denials
UnitedHealth successfully blocked a shareholder proposal, twice, that would have mandated an analysis of the healthcare access impacts of the company’s practices, such as prior authorization. The proposal, spearheaded by the Interfaith Center on Corporate Responsibility, was withdrawn to preserve the possibility of resubmission next year. UnitedHealth utilized new SEC guidance to file a second challenge, preventing the proposal from reaching a shareholder vote. This action drew criticism for potentially disenfranchising investors and silencing concerns about material risks related to healthcare access and affordability.
John Q. Hosedrinker