Health Insurance Invest In Fast Food Chains

CONCLUSIONS: Insurers own $1.88 billion of stock in the 5 leading fast-food companies.

Source:http://www.thebostonchannel.com/download/2010/0415/23163424.pdf

Doctors Note:

Not only are insurance providers charging people more and providing less, but they are also investing in stock in fast food chains?! Regardless of how well these fast-food chains are doing, I would never support nor invest in their stocks and if insurance providers’ interests truly lie in the health of their members, they wouldn’t either. In my opinion, it is unethical to support these fast food companies because all they care about is profit, NOT your health.

So one would wonder, why would insurance companies support fast-food chains that only make their customers sick and overweight? In turn, the insurance company would pay more for health care, right? Not true. What happens is the members eventually end up with heart disease, kidney failure, even diabetes. Once they are diagnosed with these conditions, their premium goes up and the member is locked into a policy with them. No other carrier will take them with a pre-existing condition. This puts a big smile on the faces of the insurance companies and more profit in their pockets.