266
Kaiser Permanente reports $2.1B profit, 2.9% operating margin in Q2 2023.
Another cost of doing business...
The fines for-profits pay should be scaled to their most recent yearly profits.
Maybe then they's start following the rules instead of just blowing them off.
Revenue, not profit.
Wut?
As in, it should be a proportion of their overall revenue as a business, if you just take a proportion of their profit then it's less likely to actually harm them in some way. A single heavy fine calculated from profit will never put them at risk of not actually making a profit due to their horrendous misdeeds.
I will then amend my solution to add this: the fine should be 50% of their profits.
I am somewhat wary of hitting revenue as companies could then use it as an excuse to let go of staff, and that is a cost I'm unwilling to stand up for.
Companies will just spend that money instead of making a cash profit.
Honestly, without specific regulation to prevent it, cost cutting like slashing staff will be the first thing a company does to protect its expected profits regardless of how you do it. That's unavoidable whether you go for profit or revenue.
Like a company needs an excuse to let go of staff. If they're going to fire people, they'll use any reason they can to cover.
49M for illegally dumping millions of lbs of illegal waste, including personal records, hazardous biowaste and HUMAN BODY PARTS????
49M is a steal. Im actually outraged by this what the fuck
Yup they're the largest healthcarrier because they get away with all the crap and are rarely held accountable. Their CEO died at age 60. The most powerful man at a healthcare conglomerate died of CV causes at age 60.
Karma's a bitch.
C'mon, round 2 baby!
Kaisers not so permanante when it comes to record keeping.
Is that what's in kaiser buns?
this post was submitted on 10 Sep 2023
266 points (98.9% liked)
News
23275 readers
1340 users here now
Welcome to the News community!
Rules:
1. Be civil
Attack the argument, not the person. No racism/sexism/bigotry. Good faith argumentation only. This includes accusing another user of being a bot or paid actor. Trolling is uncivil and is grounds for removal and/or a community ban. Do not respond to rule-breaking content; report it and move on.
2. All posts should contain a source (url) that is as reliable and unbiased as possible and must only contain one link.
Obvious right or left wing sources will be removed at the mods discretion. We have an actively updated blocklist, which you can see here: https://lemmy.world/post/2246130 if you feel like any website is missing, contact the mods. Supporting links can be added in comments or posted seperately but not to the post body.
3. No bots, spam or self-promotion.
Only approved bots, which follow the guidelines for bots set by the instance, are allowed.
4. Post titles should be the same as the article used as source.
Posts which titles don’t match the source won’t be removed, but the autoMod will notify you, and if your title misrepresents the original article, the post will be deleted. If the site changed their headline, the bot might still contact you, just ignore it, we won’t delete your post.
5. Only recent news is allowed.
Posts must be news from the most recent 30 days.
6. All posts must be news articles.
No opinion pieces, Listicles, editorials or celebrity gossip is allowed. All posts will be judged on a case-by-case basis.
7. No duplicate posts.
If a source you used was already posted by someone else, the autoMod will leave a message. Please remove your post if the autoMod is correct. If the post that matches your post is very old, we refer you to rule 5.
8. Misinformation is prohibited.
Misinformation / propaganda is strictly prohibited. Any comment or post containing or linking to misinformation will be removed. If you feel that your post has been removed in error, credible sources must be provided.
9. No link shorteners.
The auto mod will contact you if a link shortener is detected, please delete your post if they are right.
10. Don't copy entire article in your post body
For copyright reasons, you are not allowed to copy an entire article into your post body. This is an instance wide rule, that is strictly enforced in this community.
founded 1 year ago
MODERATORS