#UnitedHealth Group has avoided shareholder resolutions that would have asked investors at an upcoming meeting whether the company should audit how often it denies paying for members’ health care, following an outpouring of public anger last year.
One proposal from a group representing faith-based shareholders asked the Eden Prairie-based health care giant to develop a report on the human and economic toll that stems from limiting or delaying access to health care by #denying #payments via its insurance arm, UnitedHealthcare.
The proposal was withdrawn earlier this month, however, after UnitedHealth Group sought regulatory support for excluding the question from shareholder materials. Proponents said they believe they’ll have a better chance for success by re-submitting next year.
A second proposal sought third-party audits of denials to determine if correspondence with families included #factually #incorrect and #insensitive information. But UnitedHealth Groupsaid investor Chris Mueller missed the deadline for submissions.Neither proposal was listed in materials distributed last week in advance of the UnitedHealth Group annual meeting scheduled for June 2,
when shareholders will vote on resolutions about #executive #compensation ️including a new push for investors to approve “golden parachute” severance or termination payments.
https://insurancenewsnet.com/oarticle/unitedhealth-group-avoids-shareholder-vote-on-coverage-denial-audits-in-wake-of-ceo-killing
