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Trump says it's 'terrible' that some people are valorizing Luigi Mangione: 'That's a sickness, actually'

Donald Trump and Luigi Mangione
"It seems that there's a certain appetite for him," Trump said of the shooting suspect, Luigi Mangione. "I don't get it."

Allison Robbert/Pool/AFP via Getty Images; Jeff Swensen/Getty Images

  • Trump says it's "terrible" that some admire Luigi Mangione, the UHC CEO shooting suspect.
  • "That's a sickness, actually," Trump said.
  • He speculated that some of the public reaction to the shooting was "fake news."

President-elect Donald Trump on Monday commented on the shooting of United Healthcare CEO Brian Thompson and the valorization of the suspect, Luigi Mangione.

"I think it's really terrible that some people seem to admire him," Trump told reporters at a press conference at Mar-a-Lago.

"That was a terrible thing. It was cold-blooded. Just a cold-blooded, horrible killing," Trump said of the killing.

While a broad swath of politicians have condemned the shooting, some progressive Democrats have also used the moment to take stock of Americans' frustrations with the healthcare industry, given that the public reaction to the shooting has not been universally negative.

"Of course, we don't want to see the chaos that vigilantism presents," Democratic Rep. Alexandria Ocasio-Cortez of New York told Business Insider last week. "We also don't want to see the extreme suffering that millions of Americans confront when your life changes overnight from a horrific diagnosis, and people are led to just some of the worst, not just health events, but the worst financial events of their and their family's lives."

Trump expressed bewilderment at the public reaction on Monday, speculating that some of it had been falsified.

"How people can like this guy, is… that's a sickness, actually," Trump said. "Maybe it's fake news, I don't know. It's hard to believe that can even be thought of, but it seems that there's a certain appetite for him. I don't get it."

President Trump on Luigi Mangione:

"I think it's really terrible that some people seem to admire him, like him...Β How people can like this guy is. That's a sickness, actually." pic.twitter.com/Ken6q4gdhI

β€” Bobby LaValley (@Bobby_LaVallley) December 16, 2024
Read the original article on Business Insider

These 10 startups are using AI to disrupt healthcare payments as public outrage toward insurers mounts

The United Healthcare corporate headquarters on December 4, 2024 in Minnetonka, Minnesota.
The killing of United Healthcare CEO Brian Thompson is bringing patients' bitterness toward health insurers to the forefront.

Stephen Maturen/Getty Images

  • Health insurers are coming under fire for increasingly denying patient claims for medical care.
  • Investors are rushing to back startups using AI to automate the complex healthcare billing process.
  • These 10 startups are helping patients, providers, and insurers improve health payments with AI.

In the wake of the fatal shooting of UnitedHealthcare's CEO last week, public hostility toward health insurers has reached a boiling point.

After Brian Thompson was shot and killed in Manhattan on December 4, social media exploded in morbid celebration. Shell casings found at the scene of the crime reportedly showed the words "deny," "defend," and "depose," mirroring a phrase commonly used by insurance critics to describe tactics used by health plans to avoid paying claims. Suspect Luigi Mangione was arrested Monday with a note in his possession containing the line, "These parasites had it coming."

It's a reckoning for how healthcare in the US is paid for β€”Β or not paid for β€”Β as health insurers increasingly deny paying for patient care. UnitedHealthcare and other health insurers have come under fire in recent years for using algorithms to deny patient claims, particularly Medicare Advantage claims. Claim denial rates have been on the rise for more than a decade, and denied or delayed payments cost hospitals hundreds of billions of dollars a year.

A growing crop of startups think AI can help.

Investors are rushing to back startups using AI to help providers, patients, and health plans more accurately and efficiently pay for medical care.

These 10 startups are using AI to automate key parts of healthcare's complex billing process, from prior authorization to claims adjudication.

Alaffia Health
TJ Ademiluyi, CEO and cofounder of Alaffia Health.
TJ Ademiluyi, CEO and cofounder of Alaffia Health.

Alaffia Health

Founded: 2020

Total raised: $17.6 million

What it does: Alaffia Health works with health plans to automate time-consuming tasks in claims processing, such as reviewing large patient medical records and policy documents. The startup says its generative AI tools can help insurers supercharge their in-house clinical teams and reduce claims spending.

Alaffia Health last raised a $10 million Series A round in April led by FirstMark Capital.

Anomaly
Mike Desjadon, CEO of healthcare startup Anomaly.
Mike Desjadon, CEO of Anomaly.

Mike Desjadon

Founded: 2020

Total raised: $30 million

What it does: Anomaly uses machine learning to parse health insurers' policies and historical claims data to help clinicians predict and prevent claims denials. The startup was incubated by Redesign Health and has raised money from investors like RRE Ventures and Madrona.

Anterior
Anterior cofounders Tahseen Omar, COO, and Dr. Abdel Mahmoud, CEO.
Anterior cofounders Tahseen Omar, COO, and Dr. Abdel Mahmoud, CEO.

Anterior

Founded: 2023

Total raised: $23 million

What it does: Anterior provides tech to clinicians working inside health insurers to automate prior authorizations for covered medical care. The startup raised a $20 million Series A led by NEA in June. It's also backed by Sequoia Capital and Microsoft AI head Mustafa Suleyman.

Claimable
Claimable team: Zach Veigulis, Chief AI Officer; Alicia Graham, Chief Operating Officer; Warris Bokhari, CEO.
Claimable's chief AI officer Zach Veigulis, COO Alicia Graham, and CEO Warris Bokhari.

Claimable

Founded: 2023

Total raised: Undisclosed

What it does: Claimable launched in October to assist patients in creating appeal letters for denied medical claims. Its platform analyzes a range of data, including clinical research, insurer policies, and existing appeals data, to generate a personalized letter for $40.

The startup last raised a seed round from Walkabout Ventures, Humanrace Capital, and other investors in March. It's also part of Nvidia's startup accelerator program Inception.

Cofactor AI
Adi Tantravahi, Cofactor AI cofounder and CEO.
Adi Tantravahi, Cofactor AI cofounder and CEO.

Cofactor AI

Founded: 2023

Total raised: $4 million

What it does:Β Cofactor AI's platform analyzes information, including medical records, insurer policies, and claims data, to help hospitals appeal claims denials. The startup announced a $4 million seed round led by Drive Capital in November.

Cohere Health
Cohere Health CEO Siva Namasivayam
Cohere Health CEO Siva Namasivayam.

Cohere Health

Founded: 2019

Total raised: $106 million

What it does: Cohere Health contracts with health plans like Humana and Geisinger to automate prior authorizations for medical care. The startup claims its tech can reduce the number of unnecessary prior authorization denials to help patients get the care they need faster. Cohere Health last raised a $50 million Series B extension in February led by Deerfield Management.

Humata Health
Humata Health founder and CEO Dr. Jeremy Friese.
Humata Health founder and CEO Dr. Jeremy Friese.

Humata Health

Founded: 2023

Total raised: $25 million

What it does: Humata Health works with hospitals to automate the collection of documents included in requests for prior authorizations sent to insurers and flag likely denials. The startup raised a $25 million Series A in June, led by LRV Health and the Blue Venture Fund.

Dr. Jeremy Friese started Humata Health after serving as the president of health AI startup Olive, which shut down last year after selling its prior authorization business to Humata.

Goodbill
Goodbill cofounders: Patrick Haig, CEO, and 
Ian Sefferman, CTO
Goodbill cofounders Patrick Haig, CEO, and Ian Sefferman, CTO.

Goodbill

Founded: 2021

Total raised: $5.3 million

What it does: Goodbill works with patients and employers to reduce medical costs by cross-referencing medical records with incoming hospital bills to identify potential errors and overcharges. The startup last raised a $2 million funding round in March from Founders' Co-op, Maveron, and Liquid 2 Ventures.

Guardian AI

Founded: 2024

Total raised: Undisclosed

What it does: Guardian AI provides hospitals and physician groups with tools to analyze insurance reimbursement patterns and automate the handling of unpaid medical claims and denials. The startup was part of YCombinator's summer 2024 cohort; its founders previously worked on Palantir's AI revenue cycle management programs for hospitals.

Thoughtful AI
Thoughtful AI's leadership team: Dan Parsons, cofounder and chief product officer; Alex Zekoff, cofounder and CEO; and Chris Singleton, VP of automation.
Dan Parsons, Thoughtful AI cofounder and chief product officer; Alex Zekoff, cofounder and CEO; and Chris Singleton, VP of automation.

Thoughtful AI

Founded: 2020

Total raised: $40 million

What it does: The startup's AI agents help healthcare clinics process medical claims, check patient insurance coverage, and record payments. Thoughtful AI last raised a $20 million Series A in July, led by Drive Capital.

Read the original article on Business Insider

How much do health insurance companies spend on executive security? It might be less than you think.

U.S. Secret Service officers look at the stage before the arrival of Republican presidential candidate former U.S. President Donald Trump in September.
US Secret Service officers prepare for the arrival of Donald Trump at a campaign rally in September.

Anna Moneymaker/Getty Images

  • Some high-profile CEOs like Mark Zuckerberg or Elon Musk have multimillion-dollar security details.
  • Health insurance companies, by contrast, don't appear to spend as much on executive protection.
  • The amount public companies allocate toward executive security and private travel varies widely.

The death of UnitedHealthcare CEO Brian Thompson last week has brought a new level of attention to the question of executive protection.

Thompson's shooting outside a hotel in New York also highlights that executives who aren't as high-profile as someone like Elon Musk may not always have bodyguards with them.

That level of monitoring can be expensive, and the amount companies pay for executive security varies widely.

On the high end, Musk and other CEOs including Meta's Mark Zuckerberg, Alphabet's Sundar Pichai, and Salesforce's Marc Benioff are known for having multimillion-dollar security packages.

Others, including JPMorgan Chase's Jamie Dimon, Amazon's Andy Jassy, and Apple's Tim Cook, have more modest protection services worth hundreds of thousands of dollars β€” amounts that can further increase when factoring in costs associated with the use of private planes, a common CEO perk tied to security considerations.

Health insurance companies, including UnitedHealth Group, don't appear to spend as much on executive protection as some of the Big Tech giants.

However, the health insurance industry isn't an outlier. Companies in other fields, like retail, also have relatively modest security-specific compensation.

Walmart CEO Doug McMillon and McDonald's CEO Chris Kempczinski, for example, appear to have individual security expenses of less than $25,000 for 2023, according to company filings. When including the use of private aircraft, Walmart paid $192,848 for McMillon's personal use of the company jet, while McDonald's paid $319,301 for Kempczinski's usage in 2023.

Company-paid security costs are typically disclosed in annual corporate filings known as proxy statements. The documents include a breakdown of the salary, benefits, bonuses, and other perks to provide a dollar value of top executives' total compensation package, which must be approved by the board and shareholders.

Security services paid for by the company for the benefit of an individual executive are typically included in a category called "Other Compensation" along with perks like personal corporate jet usage, 401(k) matching, or tax preparation services. It's possible that some security costs may not be reported in proxy statements, particularly if they were paid for by the executives themselves and not reimbursed.

UnitedHealth Group's filings don't specify any personal security costs for Thompson last year

It's not clear if Thompson had a security detail with him on the day of his death. Video footage obtained by the New York City Police Department appears to show him walking alone on his way into an "investor day" event in Manhattan.

Although he was CEO of UnitedHealthcare, Thompson was also an executive vice president of UnitedHealth Group, for which he received $21,187 in other compensation in 2023. That amount represented $14,850 in 401(k) matching and $6,337 in health insurance premiums, with no amount indicated for personal security.

The company has yet to release its annual proxy statement outlining 2024 expenses.

Looking further up the corporate ladder, Thompson's boss, UHG CEO Andrew Witty, also did not receive payment for personal security as part of his 2023 compensation package. However, the company did make corporate aircraft available for his use.

Police scene in Manhattan outside the Hilton Hotel.
Brian Thompson was set to speak at an "investor day" event in Manhattan. The event was canceled after he was shot and killed while walking without personal security on the street.

Paul Squire/BI

"Witty is required for personal security reasons to use corporate aircraft for all business travel and is encouraged to use corporate aircraft for all personal travel," the proxy statement says, adding that Witty did not make personal use of the company plane in 2023.

A UHG spokesperson told BI the company is "partnering with local law enforcement to ensure a safe work environment and reinforce security guidelines and building access policies."

CVS, which owns Aetna, does not disclose the compensation of Aetna's president. However, CVS did provide its former CEO Karen Lynch with $44,148 for "personal protection" in 2023, as well as $243,281 for personal use of the company jet and $106,086 for personal use of a company car. A CVS spokesperson declined to comment.

Cigna CEO David Cordani received $310,437 in "other compensation" in 2023, largely constituted of $178,704 in personal travel on the company aircraft. Roughly $95,000 in other costs were provided for residential security system monitoring and maintenance, as well as expanded personal liability coverage.

Proxy statements for Humana and Elevance (owner of Anthem) did not specify personal security costs, while Kaiser Permanente is a nonprofit and not subject to the same reporting requirements.

Musk-level security can cost millions

Former Secret Service agent Joseph LaSorsa, who now runs the private security firm LaSorsa & Associates, previously told BI that an around-the-clock detail can cost $100,000 a month and isn't always enough to stop a motivated attacker.

At those rates, the annual cost of protection could balloon to $1.2 million β€” comparable to the base salaries of UnitedHealth's executive officers.

In other words, company-provided personal security can be an expensive proposition, and typically reserved only for a small number of top leaders. Different executives may also have their own personal preference for the level of security they travel with.

"Protection is very much driven on what a executive really wants," said John Orloff, a former US Secret Service agent who now leads security risk consulting at Jensen Hughes.

Orloff told Business Insider that his firm typically works with corporate security departments to develop their executive protection strategies in response to relevant threats.

Musk, the world's wealthiest person, has spoken out about personal security concerns in recent years. He told Tesla shareholders at the annual shareholder meeting that "two homicidal maniacs" had threatened to kill him and things were "getting a little crazy these days."

Elon Musk enters the US Capitol to meet with lawmakers
Elon Musk, flanked by one of his security guards, enters the US Capitol to meet with lawmakers.

Samuel Corum/Getty

Filings show Tesla paid a Musk-owned personal security company $2.4 million to protect him in 2023. However, the agreement is not structured as compensation for his services as CEO and is unusual among public companies (Tesla is fighting to reinstate Musk's 2018 compensation package after a Delaware judge ruled against it for the second time).

Musk travels with multiple bodyguards β€” sometimes as many as 20, according to a recent report. Employees at X, formerly Twitter, reported seeing his security follow him into the bathrooms at the company's headquarters.

While executives at health insurance companies may not be as recognizable as someone like Musk or Zuckerberg, Thompson's death could lead board members and CEOs to review executive protection costs in a different light. The matter could feature more prominently as compensation committees draft proposals for their companies' future annual meetings.

Read the original article on Business Insider

Luigi Mangione update: Suspect in UHC CEO shooting hires noted NY lawyer who's married to Diddy's attorney

Luigi Mangione
Luigi Mangione is led into a police car after his arrest for the murder of UnitedHealthcare CEO Brian Thompson.

Jeff Swensen/Getty Images

  • UnitedHealthcare CEO Brian Thompson was fatally shot outside a Manhattan hotel on December 4.
  • Police arrested Luigi Mangione, who now faces a murder charge for the killing.
  • Mangione has hired prominent New York lawyer Karen Friedman Agnifilo to defend him.

Luigi Mangione, the man police say murdered UnitedHealthcare CEO Brian Thompson, has hired high-profile attorney Karen Friedman Agnifilo.

Friedman Agnifilo is married to Marc Agnifilo, lead lawyer defending Sean "Diddy" Combs against federal sex-trafficking charges.

The Combs and Mangione cases will be handled by the same Manhattan law firm, Agnifilo Intrater LLP, and can be expected to dominate legal news headlines in the coming year.

In getting retained, Friedman Agnifilo bested some half-dozen other prominent attorneys who had been interviewed by the Mangione family last week, according to multiple sources who asked not to be named due to their connection with the case.

Friedman Agnifilo last week left her previous law firm, Perry Law, to join her husband's firm as counsel, representatives for both firms told Business Insider.

Friedman Agnifilo had been a CNN commentator as recently as Wednesday, when she suggested that an insanity defense would be Mangione's best bet.

She told journalist Kaitlan Collins, "It looks like to me there might be a 'not guilty by reason of insanity' defense that they're going to be thinking about because the evidence is going to be so overwhelming that he did what he did."

On Friday night, Collins broke the news that Friedman Agnifilo had been hired by the Mangione family.

Friedman Agnifilo worked as the chief assistant district attorney at the Manhattan District Attorney's Office for seven years before pivoting to private practice in 2021.

Mangione faces a second-degree murder charge in New York for the fatal December 4 shooting of Thompson, a 50-year-old father of two from Minnesota. That charge carries a maximum sentence of life in prison.

(A charge of first-degree murder is reserved for those accused of killing a law enforcement official or witness of a crime, or for when a murder is committed during the commission of another high-level crime, including robbery, rape, or kidnapping.)

Mangione is fighting extradition to New York City. The 26-year-old Ivy League graduate appeared for a hearing on December 10 at Pennsylvania's Blair County Courthouse, where a lawyer, Thomas Dickey, told the judge that Mangione was contesting his extradition. Police arrested Mangione in Altoona, Pennsylvania, on December 9 on local charges and later arraigned. Mangione made a bail request, which the judge denied during the hearing.

The suspect will remain at Pennsylvania's Huntingdon State Correctional Institution during the extradition proceedings. Dickey told reporters on December 10 that Mangione would plead not guilty to all the charges in Pennsylvania.

In an interview with CNN that evening, Dickey also said that he anticipates Mangione would plead not guilty to the murder charge in New York and that he hadn't seen any evidence that officials in New York "have the right guy."

Mangione also faces four other charges related to the killing of the insurance CEO: two counts of criminal possession of a weapon in the second-degree, one count of second-degree criminal possession of a forged instrument, and one count of criminal possession of a weapon in the third-degree.

A gun found on Mangione matched the three shell casings found at the site of the shooting, New York Police Department Commissioner Jessica Tisch said during a December 11 press conference.

Tisch added that the suspect's fingerprints also matched those found on a water bottle and snack bar wrapper discarded near the crime scene.

During Mangione's arrest, officers found a three-page handwritten document "that speaks to both his motivation and mindset," Tisch said at a separate press conference on December 9.

An internal NYPD report obtained by The New York Times gave the clearest view of the potential motive yet. Based on the so-called manifesto discovered, Mangione "likely views himself as a hero of sorts who has finally decided to act upon such injustices," the NYPD report said, as reported by the Times.

Mangione "appeared to view the targeted killing of the company's highest-ranking representative as a symbolic takedown and a direct challenge to its alleged corruption and 'power games,' asserting in his note he is the 'first to face it with such brutal honesty,'" according to the NYPD report by the department's Intelligence and Counterterrorism Bureau, the Times reported.

In a statement to Business Insider, representatives for Nino Mangione β€” a Maryland state legislator and a cousin of Mangione's β€” declined to comment on the news of Mangione's arrest.

"Unfortunately, we cannot comment on news reports regarding Luigi Mangione," the statement read. "We only know what we have read in the media. Our family is shocked and devastated by Luigi's arrest."

Recognized at a McDonald's

Mangione was eating in an Altoona McDonald's when an employee recognized him from the several surveillance images that authorities released in the aftermath of Thompson's killing and called the police, New York police said at the December 9 press conference.

Altoona police found Mangione in the McDonald's with multiple fake IDs and a US passport, as well as a firearm and a suppressor "both consistent with the weapon used" in the shooting of Thompson in the heart of Manhattan, Tisch, the NYPD commissioner, said.

The gun appeared to be a "ghost gun" that may have been made on a 3-D printer. NYPD Chief of Detectives Joseph Kenny said at the press conference that such a gun could fire a 9-millimeter round.

A Pennsylvania criminal complaint filed against Mangione said officers found a black 3-D-printed pistol and 3-D-printed silencer inside the suspect's backpack.

When Altoona officers asked Mangione if he had been to New York recently, he "became quiet and started to shake," the criminal complaint said.

Clothing, including a mask, was also recovered "consistent with those worn" by the suspect wanted for Thompson's killing, along with a fake New Jersey ID matching the ID that the murder suspect used to check into a Manhattan hostel before the attack, Tisch said.

Based on the handwritten document that police found on Mangione, according to Kenny, "it does seem that he has some ill will toward corporate America."

During a December 10 interview on NBC's "Today" show, Tisch said the "manifesto" revealed "anti-corporatist sentiment" and "a lot of issues with the healthcare industry."

"But as to like particular, specific motive that'll come out as this investigation continues to unfold over the next weeks and month," the NYPD commissioner said.

NBC News and The New York Times, each citing an unnamed senior law enforcement official, reported that the handwritten document read in part: "These parasites had it coming."

"I do apologize for any strife and trauma, but it had to be done," it added, according to the reports.

Police believe that Mangione acted alone.

NYPD investigators traveled to Altoona last week to interview Mangione after Altoona officers took him into custody.

Blair County District Attorney Peter Weeks said at Mangione's Pennsylvania arraignment that Mangione was carrying $10,000 in cash, including foreign currency, according to the Associated Press.

Mangione disputed the amount in court.

Photo of suspect in Brian Thompson's killing
NYPD released images of the person of interest in Brian Thompson's killing.

DCPI/NYPD

Mangione was active on social media

Mangione posted and amplified posts about technological advances like artificial intelligence on X. He also posted about fitness and healthy living.

He frequently retweeted posts by the writer Tim Urban and commentator Jonathan Haidt about the promise and perils of technology. He also appeared to be a fan of Michael Pollan, known for his writing about food and ethics.

Other deleted social media posts showed support for Robert F. Kennedy Jr. and expressed skepticism toward both President Joe Biden and President-elect Donald Trump.

At the top of his profile was a header image with three images: a photo of himself, smiling, shirtless on a mountain ridge, a Pokemon, and an x-ray with four pins or screws visible in the lower back.

Mangione founded a company called AppRoar Studios in 2015 while still in high school. AppRoar released an iPhone game called Pivot Plane that is no longer available.

The two other cofounders of AppRoar could not be reached for comment.

Mangione's X account has been deactivated. A spokesperson for YouTube said his three accounts on the platform were also terminated, but that they had not been active for about seven months.

A manhunt

Mangione's arrest followed a nearly week-long manhunt.

According to police, Manigone was born and raised in Maryland, and has ties to San Francisco, California. His last known address was in Honolulu, Hawaii.

The New York Post, citing law-enforcement sources, reported that Mangione's mother reported him missing in mid-November.

Law-enforcement sources told ABC News that FBI agents and members of the NYPD spoke to the mother a day before Mangione's arrest, following a tip, and that in the conversation she indicated that the person in the surveillance photos could be her son.

Kenny, the NYPD's chief of detectives, said that Manigone has no prior arrest history in New York and no known arrests in the US.

A Luigi Mangione with a matching birthday and address received a citation for simple trespass for entering a forbidden area of a state park in Hawaii in November 2023. He pleaded no contest and paid a $100 fine.

"For just over five days, our NYPD investigators combed through thousands of hours of video, followed up on hundreds of tips, and processed every bit of forensic evidence β€” DNA, fingerprints, IP addresses and so much to tighten the net," Tisch said at Monday's press conference announcing the arrest of Manigone.

Thompson was shot multiple times on a Midtown sidewalk as he was walking toward the Hilton hotel. He was steps away from a side entrance to the hotel β€” where he was set to speak at UnitedHealth Group's investor conference β€” when a hooded gunman opened fire on him from behind.

The chief executive of the nation's largest health insurer was struck at least once in the back and at least once in the right calf, police said.

Surveillance footage showed the gunman firing his weapon as Thompson, wearing a blue suit jacket, walked several feet in front of him.

Surveillance images of the suspected shooter in the killing of UnitedHealthcare CEO Brian Thompson.
Surveillance images show the suspected shooter in the killing of UnitedHealthcare CEO Brian Thompson.

NYPD via AP

The gunman fled the scene, first on foot and then on an electric bike, which he rode into Central Park before ultimately escaping from New York City, police said.

Shell casings and bullets found at the scene had the words "deny," "defend," and "depose" written on them, according to multiple reports citing unnamed sources. BI couldn't independently confirm these details.

In the aftermath of the attack, the NYPD offered a $10,000 reward for tips leading to the gunman's arrest, with the FBI offering a reward of up to $50,000 for information leading to his arrest and conviction.

A spokesperson for UnitedHealth Group, the parent company of UnitedHealthcare, reacted to news of Manigone's arrest in a statement to BI, saying: "Our hope is that today's apprehension brings some relief to Brian's family, friends, colleagues and the many others affected by this unspeakable tragedy. We thank law enforcement and will continue to work with them on this investigation. We ask that everyone respect the family's privacy as they mourn."

Read the original article on Business Insider

Executive security gets a closer look after UnitedHealthcare CEO's fatal shooting

Police inspect the scene where insurance executive Brian Thompson was killed in Manhattan.
Police inspect the scene where insurance executive Brian Thompson was killed in Manhattan.

Spencer Platt/Getty Images

  • Executive security is getting a closer look after the fatal shooting of UnitedHealthcare's CEO.
  • Private security companies say they've gotten an influx of calls.
  • Executive security spending at S&P 500 companies has been on the rise β€” doubling from 2021 to 2023.

Update: A "person of interest," 26-year-old Luigi Mangione, was arrested in connection with Brian Thompson's death in Altoona, Pennsylvania, on Monday.

Following the fatal shooting of United Healthcare CEO Brian Thompson this week, some high-level executives are ramping up their own security.

The host of a series of national and international executive leadership summits told Business Insider that a surge of corporate leaders has been reaching out to him this week to inquire about security at the events.

Jeffrey Sonnenfeld β€” a professor and senior associate dean for Leadership Studies at Yale who also heads Yale's Chief Executive Leadership Institute β€” has been hosting summits for top company executives for decades.

He said that over the last few years the institute has significantly increased the security it provides executives at its events in the US. But things have shifted this week ahead of the institute's coming CEO Summit in Manhattan in December.

"What's really different for us, this coming one, is so many people inquiring to make sure we have it" Sonnenfeld said, in reference to event security. "We never used to get inquiries about it."

Sonnenfeld said the institute had increased security at its events long before Thompson's fatal shooting because company leaders have increasingly faced threats and general hostility from the public.

"Sadly, CEOs have been made into foils or scapegoats for the far-left and the far-right," he said, "so that the political grandstanding has looked to make excuses for whatever unhappiness people have."

This year marks the first time the December CEO Summit will have armed and uniformed NYPD officers all around it, Sonnenfeld said. But, he added, the CEOs are thrilled to get together to compare notes with other CEOs on what they're doing about security.

Meanwhile, the fatal shooting has led to a surge of interest in beefed-up security for company leaders, people at private security firms said.

Michael Kozhar, the vice president of operations at International Security Services, Inc., of Brooklyn told BI that in the past few days, his company has seen a rise in calls from executives and companies looking to upgrade their security.

Still, because the attack on the healthcare executive appears to have been targeted, Kozhar said there hasn't been a lot of action so far in terms of companies actually engaging in more security services beyond inquiries. "If these incidents become more frequent, the atmosphere surrounding the purchase of security services will change drastically," he cautioned.

Matthew Dumpert, managing director at Kroll Enterprise Security Risk Management, told CNBC on Thursday, that he'd also received calls.

"We had CEOs and other executive-level and board members reaching out to us all throughout yesterday and today to increase their own executive protection, their own personal security around the clock, 24/7," he said.

Because executives are the face of an organization, they can receive the brunt of the blame for their customers' frustrations, Dumpert told the outlet. And for organizations that deal in life and death matters β€” like health insurance companies β€” that ire can be even more potent.

Allied Universal, which provides a range of security and protection services to Fortune 500 companies, saw a surge of potential clients reaching out on Wednesday following the attack on Thompson, company leaders told The New York Times.

But it's not just the events of this week that are giving executives cause for concern.

Targeted attacks β€” both online and offline β€” on executives and their families have risen dramatically in the last five years, Chris Pierson, the CEO of digital executive protection agency BlackCloak, told the Times. The firm's data shows that the most frequently targeted executives work in the health care, biomedical, and pharmaceutical industries, according to the outlet.

In the last few years, companies have been increasing the amount they spend on security for their top executives.

Between 2021 and 2023, the median total value of security benefits provided to named executive officers at S&P 500 companies doubled, according to data shared with Business Insider from executive compensation research firm Equilar.

The prevalence of companies offering security benefits also increased modestly β€”Β by around 4% over the same timeframe, according to Equilar.

The shooting of Thompson, who didn't appear to have security protection when he was killed in Midtown Manhattan on Wednesday morning, sparked a dayslong manhunt for the suspect. As of Friday afternoon, the suspect is still at large, though authorities believe he has fled the city.

On Thursday, United Health Group, the parent company of UnitedHealthcare, issued a statement: "Our priorities are, first and foremost, supporting Brian's family; ensuring the safety of our employees; and working with law enforcement to bring the perpetrator to justice."

Read the original article on Business Insider

Some health insurers are removing executive bios from their websites after the fatal shooting of UnitedHealthcare's CEO

Flags fly at half mast outside the United Healthcare corporate headquarters on December 4, 2024 in Minnetonka, Minnesota
United Healthcare CEO Brian Thompson was fatally shot in New York City on December 4.

Stephen Maturen/Getty Images

  • Some health insurance companies are removing executive bios from their websites.
  • The deletions came after the fatal shooting of UnitedHealthcare CEO Brian Thompson.
  • CVS Health and BlueCross Blue Shield are among those who have removed executive bios.

Some health insurance companies have removed executive leadership bios from their websites after the fatal shooting of UnitedHealthcare CEO Brian Thompson.

Thompson died on Wednesday after a gunman shot him outside a Hilton hotel in New York City. Thompson was scheduled to speak at the company's investor conference.

The New York Police Department said the shooting appeared to be "a brazen, targeted attack." Police say the gunman left the scene on foot before using an electric bike. The gunman remains at large.

As of Friday, the "Our leadership" section on UnitedHealthcare's "About Us" page is no longer accessible. Clicking on the link through Google will redirect to the company's homepage. An archive of the page shows that the leadership section was publicly visible as recently as Wednesday.

UnitedHealthcare removes leadership webpage after Brian Thompson shooting (screenshot)
According to a comparison with an archived link, UnitedHealthcare appears to have removed its "Our leadership" page from its website.

UnitedHealthcare

When asked for comment, a UnitedHealthcare representative pointed Business Insider toward two separate statements published this week regarding Thompson's death. Neither addressed the removal of the leadership page on its website.

UnitedHealthcare's parent company, UnitedHealth Group, appears to have followed suit.

Following links to UnitedHealth Group's "Our Leaders" and "Board of Directors" pages from Google now read "Page Not Found." An archive link shows that the leadership section was visible as recently as Tuesday.

UnitedHealth Group removes leadership webpages after Brian Thompson shooting (screenshot).
A link to UnitedHealth Group's "Our Leaders" page read "Page Not Found" on Friday.

UnitedHealth Group

Blue Cross and Blue Shield, another major American health insurance company, also appeared to have removed the executive bio section from its website. An archive link for the company's site shows that its "Our Leadership" section was visible earlier this year. However, it's inaccessible at the time of writing.

Some of Blue Cross and Blue Shield's regional offices, including its Massachusetts branch, have also made their leadership web pages inaccessible to the public.

Clicking on a link to the "Company Leadership" page for the Massachusetts branch through Google will now lead to the message: "You are not authorized to access this page."

Blue Cross and Blue Shield removed its leadership webpage after Brian Thompson shooting (screenshot)
An archived link shows that Blue Cross and Blue Shield's "Our Leadership" section was unavailable on Friday.

Blue Cross and Blue Shield

Medica, which provides health insurance plans in states like Iowa and Minnesota, confirmed to BI that it had removed its leadership page.

"The safety of Medica employees is our top priority and we have increased security for all of our employees," the statement read. "Although we have received no specific threats related to our campuses, our office buildings will be temporarily closed out of an abundance of caution."

Other companies like CVS Health still have executive leadership bios on their websites but have removed photos. A representative from CVS Health confirmed the decision to BI, but had no additional comment.

Centene also appeared to have removed photos of its top executives. An archive of the "Executive Leadership" page shows that photos were visible in September.

Representatives for UnitedHealth Group, Blue Cross and Blue Shield, and Blue Cross Blue Shield of Massachusetts did not immediately respond to a request for comment from Business Insider.

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A health insurance CEO was murdered. The internet lashed out against insurers.

A body outline with evidence markers spelling out "lol"

bubaone/Getty, shironosov/Getty, Tyler Le/BI

On Wednesday, moments after the news broke that Brian Thompson, the CEO of UnitedHealthcare, had been fatally shot in Midtown Manhattan, social media unleashed a barrage of caustic commentary about his death. In lieu of condolences, Americans from all walks of life shared barbed jokes, grim memes, and personal anecdotes about their own experiences with giant insurers like UnitedHealthcare.

On Facebook, UnitedHealthcare's statement about the murder of its chief executive elicited 46,000 reactions β€” 41,000 of which employed the laughing emoji. The company quickly turned off comments on the post, but hundreds of users shared it with arch commentary.

"The amount of laugh reacts on the original post speaks volumes lol," one user wrote.

"My thoughts & prayers were out of network," wrote another.

While the motive behind Thompson's murder remains unknown, the internet treated it as an occasion for ghoulish schadenfreude. America's health insurance system is so broken and cruel, people openly declared, that the death of one of its most powerful executives merited nothing but scorn and derision. "He was CEO when he was shot," read one tweet that received more than 120,000 likes. "Preexisting condition. Claim denied."

"The UnitedHealthcare CEO might be the most celebrated death on this app since Henry Kissinger," wrote another user on X.

Given the nature of social media, where the most provocative and emotion-laden commentary is engineered to rise to the top, it's not surprising that platforms from TikTok to Reddit would be filled with hateful invective. What's striking, however, is how the backlash revealed the depth of the bitterness toward health insurers. In the face of a man being gunned down in the street, people didn't keep their feelings toward insurers in check; rather, they seized on it as a moment to vent their rage. Everyone from right-wing influencers to tenured Ivy League professors responded to Thompson's killing by posting about what they saw as the injustices of America's health insurers. Even on LinkedIn, one of the internet's last bastions of civility and professionalism, hundreds of business executives, HR leaders, and tech managers shared deeply personal stories about how they and their loved ones had suffered at the hands of a healthcare bureaucracy that often delays and denies reasonable claims.

In one exchange, a hospital executive acknowledged that many Americans are fed up with health insurers. "As healthcare security professionals, we know that many see healthcare as a target for their anger," he wrote. "Family members who have lost a loved one may feel as though a physician, healthcare facility, or insurer is responsible for that loss."

Jill Christensen, a former vice president at Western Union, responded to the post by forcefully rejecting its wording. "In many instances, it's not feel, it's ARE responsible for that loss," she wrote. "I was diagnosed with Stage 4 cancer and UHC denied every claim. While today's event is tragic, it does not come as a surprise to the millions of people β€” like myself β€” who pay their OOP costs and premiums, only to be turned away at their greatest time of need."

The joking language of the internet has become a standard way for Americans to process tragic events, whether the September 11, 2001, attacks or the July 2024 assassination attempt on Donald Trump. But Thompson's murder sparked something different: an unparalleled public reckoning with one of the country's largest and most profitable industries. "When you shoot one man in the street it's murder," wrote one user on X. "When you kill thousands of people in hospitals by taking away their ability to get treatment you're an entrepreneur."

To some observers, the outpouring of ire also appeared to have an immediate effect on the industry itself. One day after Thompson's murder, Anthem Blue Cross Blue Shield announced that it was rescinding a controversial plan to limit coverage for anesthesia. "When patients become financially responsible because a health plan cuts how much they pay providers, that's what breeds all this anger," Marianne Udow-Phillips, a former Blue Cross executive, told Axios. An Anthem Blue Cross Blue Shield spokesperson told Business Insider, "It never was and never will be the policy of Anthem Blue Cross Blue Shield to not pay for medically necessary anesthesia services. The proposed update to the policy was only designed to clarify the appropriateness of anesthesia consistent with well-established clinical guidelines."

The storm of invective surrounding Thompson's killing will soon subside, as online malice always does. But it's also possible that the CEO's death will mark an inflection point in the debate over America's privatized system of health insurance. On X, one user drew a direct line between the callousness of the internet's response to Thompon's murder and an industry that makes it hard for many Americans to receive the medical treatment they need.

"All jokes aside," the user tweeted, "it's really fucked up to see so many people on here celebrating murder. No one here is the judge of who deserves to live or die. That's the job of the AI algorithm the insurance company designed to maximise profits on your health."


Scott Nover is a freelance writer based in Washington, DC. He is a contributing writer at Slate and was previously a staff writer at Quartz and Adweek covering media and technology.

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As the search for Brian Thompson's killer continues, experts in NYPD murder manhunts explain why it's taken this long

Police inspecting a murder scene.
Police photographing ballistic evidence in the shooting of the UnitedHealthcare insurance executive Brian Thompson.

Spencer Platt/Getty Images

  • The killer of UnitedHealthcare's CEO appears to have planned carefully, experts in NYPD manhunts told BI.
  • He took key precautions that delayed his capture, they said β€” including fleeing into Central Park.
  • The park is the only part of Manhattan not blanketed by surveillance cameras, they said.

Update: A "person of interest," 26-year-old Luigi Mangione, was arrested in connection with Brian Thompson's death in Altoona, Pennsylvania, on Monday.

As the search for the killer of UnitedHealthcare CEO Brian Thompson enters its third day, the New York Police Department continues to release key evidence in hopes that the public will help.

They've shared crisp, full-color surveillance photos of the suspect and dangled offers of $10,000 for tips leading to his capture. They've described his movements down to the minute, detailing how he stopped at a Starbucks before opening fire on the sidewalk outside the New York Hilton Midtown, then hopped on an electric bike, fleeing into nearby Central Park.

But the ongoing release of information is just a glimpse of what's taking place in the nation's largest police department: a round-the-clock mobilization mixing old-fashioned shoe-leather investigation with high-tech sleuthing.

Two veterans of high-profile NYPD murder manhunts described these efforts to catch the insurance giant CEO's killer to Business Insider, and they said it was no surprise that he remained at large nearly two days after the shooting.

Both said the shooter appeared to have planned carefullyβ€” and one raised the possibility that he had professional firearms training.

"First of all, it's a big-ass gun, and the way he's holding it speaks of the military to me β€” it's clear he knew what he was doing," said Joan Illuzzi, a former homicide prosecutor.

"That β€” and having his getaway so well planned β€” says to me that this is a well-thought-out assassination," said Illuzzi, who was chief of the Manhattan district attorney's trial division before leaving for private practice in 2022.

"He absolutely planned this out," said Salvatore Tudisco, a retired NYPD homicide detective.

Tudisco was chief investigator the last time there was a dayslong manhunt for the killer of a CEO in New York City β€” the millionaire tech founder Fahim Saleh.

Both Illuzzi and Tudisco said they thought the suspect would be identified soon, thanks to the clear surveillance images police have released to the national media.

"That's their best option β€” send it across the country. Someone will know him," Tudisco said of the photos.

Once he's ID'd, it may take a few days longer to actually apprehend him, the two said.

"To ride into Central Park, that's really bright," said Tudisco. "It's the only blind spot in a city where there's cameras everywhere."

"There are pockets of Central Park that don't have video," said Illuzzi, who's now of counsel at Perry Law in Manhattan.

Thompson's shooter most likely had a change of clothing in the gray backpack he wore, Illuzzi said.

As soon as they realized he biked into the park, the NYPD would have dispatched a small army of officers to pull video from the street surveillance cameras surrounding every footpath and roadway on its perimeter, Tudisco said.

The resulting scouring of surveillance video may have led police to an Upper West Side youth hostel two blocks west of the park, where the suspect is reported to have stayed the night before, Tudisco said.

Many key clues would have stemmed from tracing the shooter's path on the trail of cameras that recorded his movements before and after the shooting, Tudisco said.

A water bottle and burner phone that may have been discarded by the suspect are also reportedly being tested for clues, he said.

Then there are the clues left on the bullet shells themselves. Police said three shells had words written on them. One read "Deny," another "Delay," and the third "Depose."

These could suggest a motive, Illuzzi said. She said it was likely investigators were immersed in scouring litigation records and contested insurance claims for more clues.

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Brian Thompson's home was targeted with a hoax bomb threat the same day he was killed, police say

UnitedHealthcare CEO Brian Thompson
UnitedHealthcare CEO Brian Thompson was killed Wednesday in New York City, where he was set to speak at an "investor day" event.

UnitedHealthcare

  • Brian Thompson, the CEO of UnitedHealthcare, was shot and killed in Manhattan Wednesday morning.
  • Thirteen hours later, his home and that of his wife were targeted with bomb threats, police said.
  • Police determined the threats were a hoax.

The homes of UnitedHealthcare CEO Brian Thompson and his wife in a suburb outside Minneapolis were targeted with fake bomb threats Wednesday evening, more than 13 hours after Thompson was shot and killed in Manhattan, police said.

Around 7 p.m. Wednesday, city employees in the Minneapolis suburb of Maple Grove received emails threatening to bomb Thompson's home and the home of his wife, according to incident reports released by the Maple Grove police department. Thompson and his wife lived in separate houses less than a mile apart.

Police checked both homes and determined the threats were a hoax. In a statement, Maple Grove police called the threats a form of "swatting," a kind of harassment.

The New York Police Department said Thompson was gunned down at about 6:45 a.m. Wednesday outside the Hilton hotel in midtown Manhattan. The shooter fled the scene before police arrived, and a manhunt is ongoing.

UnitedHealthcare is the largest private insurer in the US, and Thompson was in New York for an investor meeting when he was killed.

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5 things to know about Brian Thompson, the UnitedHealthcare CEO fatally shot in New York City

Brian Thompson, UnitedHealthcare CEO, in headshot
Brian Thompson was the CEO of UnitedHealthcare.

UnitedHealthcare

  • UnitedHealthcare CEO Brian Thompson was killed by a gunman in New York City on Wednesday morning.
  • Thompson worked at UnitedHealthcare for 20 years and was named its CEO in 2021.
  • He grew up in Iowa and is survived by his wife and their two sons.

UnitedHealthcare CEO Brian Thompson died on December 4 after he was shot by a gunman in New York City in what the New York City Police Department called a "brazen, targeted attack." He was 50 years old.

The shooting took place at 6:46 a.m. outside a Hilton hotel in Midtown Manhattan, where Thompson was scheduled to speak at the company's investor conference.

A "person of interest," 26-year-old Luigi Mangione, was arrested in connection with Thompson's death in Altoona, Pennsylvania, on Monday.

UnitedHealth Group said in a statement that the company was "deeply saddened and shocked" by Thompson's death.

Here are five things to know about Thompson's life and career, and the homicide investigation.

Early life and education
A sign for the University of Iowa.
The University of Iowa.

University of College/Shutterstock

Thompson attended South Hamilton High School in Jewell, Iowa, where he was named valedictorian. The school district released a statement memorializing him as "a star student, athlete, homecoming king, and a respected leader."

Thompson graduated from the University of Iowa in 1997 with a Bachelor's degree in business administration and accounting.

Accounting career
PwC, or Pricewaterhousecoopers.
A PwC office.

Beata Zawrzel/NurPhoto/Getty Images

Thompson worked at the accounting firm PricewaterhouseCoopers, or PwC, from 1997 to 2004 as a manager in the firm's audit and transaction advisory services groups, according to his LinkedIn profile.

CEO of UnitedHealthcare
UnitedHealthcare corporate headquarters in Minnesota.
UnitedHealthcare's corporate headquarters in Minnetonka, Minnesota.

Stephen Maturen/Getty Images

Thompson worked at UnitedHealthcare for 20 years, joining as a director on UnitedHealth Group's corporate development team in 2004. He rose through the ranks, becoming the CEO of the company's Medicare and retirement business in 2017 and of its government programs in 2019.

He was named CEO of UnitedHealthcare in 2021.

Thompson was one of four UnitedHealthcare executives named in a lawsuit filed by the City of Hollywood Firefighters' Pension Fund in May regarding allegations of insider trading. The suit alleges that Thompson sold $15 million of his shares in company stock before news of the Department of Justice's antitrust investigation into UnitedHealth became public, tanking its shareholder value.

UnitedHealthcare did not respond to a request for comment.

Shooting in New York City
Reward flyer posted on lamppost in front of the Hilton Hotel.
UnitedHealthcare CEO Brian Thompson was killed in New York City, where he was set to speak at an "investor day" event.

Stefan Jeremiah/AP Images

Thompson was shot on Wednesday morning outside a Hilton hotel in New York City, where he was scheduled to speak at UnitedHealth Group's investor conference.

New York City Police Department commissioner Jessica Tisch said at a press conference on Wednesday that the shooting "does not appear to be a random act of violence."

"We are deeply saddened and shocked at the passing of our dear friend and colleague Brian Thompson, the CEO of UnitedHealthcare," the company said in a statement on Wednesday.

The statement continued: "Brian was a highly respected colleague and friend to all who worked with him. We are working closely with the New York Police Department and ask for your patience and understanding during this difficult time. Our hearts go out to Brian's family and all who were close to him."

At a press conference on Monday, the New York Police Department named Luigi Mangione as a "person of interest" in the shooting.

Mangione was arrested on firearms charges at a Pennsylvania McDonald's after an employee recognized him from surveillance images shared by authorities, police said.

Mangione was found to be in possession of a firearm and a suppressor that were "both consistent with the weapon used" in the shooting, the NYPD said.

Wife and family
Brian Thompson, CEO of UnitedHealthcare.
Brian Thompson.

Business Wire/AP

Thompson is survived by his wife, Paulette Thompson, and their two sons. The couple lived in separate homes in Maple Grove, Minnesota, The Wall Street Journal reported.

"We are shattered to hear about the senseless killing of our beloved Brian," Paulette Thompson told Minnesota affiliate Fox 9. "Brian was an incredibly loving, generous, talented man who truly lived life to the fullest and touched so many lives. Most importantly, Brian was an incredibly loving father to our two sons and will be greatly missed. We appreciate your well wishes and request complete privacy as our family moves through this difficult time."

Paulette Thompson told NBC News that her husband had received "some threats" but that she didn't know the details.

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