BUPA
February 7, 2010 3:23 AM Subscribe
Who owns Bupa? Not a public company, no shareholders, who is skimming off the top? I would like names and contacts but will settle for just names as i suspect some of them begin with HRH... and what does BUPA stand for anyway? I've seen the website, does the hivemind have any insight?
This post was deleted for the following reason: poster's request -- cortex
It looks like BUPA is owned by ... BUPA
posted by parmanparman at 3:34 AM on February 7, 2010
posted by parmanparman at 3:34 AM on February 7, 2010
They are a company incorporated in Engalnd and Wales and as such have to file audited accounts with the Registrar of Companies, as well as other mandatory filing including information on shareholders and officers, all of which is in the public domain and can be downloaded for a small fee (£1)....do your homework.
posted by koahiatamadl at 5:46 AM on February 7, 2010
posted by koahiatamadl at 5:46 AM on February 7, 2010
Best answer: evil_esto, it may be enlightening to know why you suddenly have an interest in Bupa and why you are suspicious of its motives, and why you feel a need to actually contact its primarily shareholders.
do your homework
Ugh. I really hate this phrase. Yes, the information is out there but as always 99% of the process is knowing how and where to search. I agree that starting at wikipedia would have been a good idea, but beyond that there's nothing wrong with asking questions. Some people learn best by asking questions. I certainly do.
I'd never heard of the Registrar of Companies so I did a bit of googling. The site you want to use for searching companies is WebCHeck. A search for BUPA comes up with 80 results you'll have to filter through them. My best guess is there is a filing for every unit or "scheme" (As an American I have to say that seems like such a weird use of the word).
posted by Deathalicious at 7:36 AM on February 7, 2010 [1 favorite]
do your homework
Ugh. I really hate this phrase. Yes, the information is out there but as always 99% of the process is knowing how and where to search. I agree that starting at wikipedia would have been a good idea, but beyond that there's nothing wrong with asking questions. Some people learn best by asking questions. I certainly do.
I'd never heard of the Registrar of Companies so I did a bit of googling. The site you want to use for searching companies is WebCHeck. A search for BUPA comes up with 80 results you'll have to filter through them. My best guess is there is a filing for every unit or "scheme" (As an American I have to say that seems like such a weird use of the word).
posted by Deathalicious at 7:36 AM on February 7, 2010 [1 favorite]
My understanding, and one backed up by this article, is that Bupa is essentially a co-operative with all profits re-invested into a central fund.
I notice you are Australian, which means you are no doubt familiar with superannuation schemes. Who 'owns' a industry superannuation fund like HESTA? The answer is nobody, profits are essentially returned to its members. Well Bupa is the same, it started as a provident association - which essentially is the same thing - but instead of paying a pension, it pays health care costs.
But still, your question has a vaguely tinfoil LaRouche feel to it - which leads me to suspect you are not going to believe us anyway.
posted by TheOtherGuy at 9:53 AM on February 7, 2010
I notice you are Australian, which means you are no doubt familiar with superannuation schemes. Who 'owns' a industry superannuation fund like HESTA? The answer is nobody, profits are essentially returned to its members. Well Bupa is the same, it started as a provident association - which essentially is the same thing - but instead of paying a pension, it pays health care costs.
But still, your question has a vaguely tinfoil LaRouche feel to it - which leads me to suspect you are not going to believe us anyway.
posted by TheOtherGuy at 9:53 AM on February 7, 2010
This thread is closed to new comments.
It may go some way to dispel some of the tin-foil hat-edness implied in your question. Especially words like "Not for profit".
It's a pretty reputable organisation in the UK.
posted by Brockles at 3:30 AM on February 7, 2010 [1 favorite]