Harvard Medical School has released an informational study that 11 large companies that offer disability, life, and health insurance own $1.9 billion in stock in five of the largest fast food companies. As we are all aware, fast food restaurants have been highly criticized for selling incredibly unhealthy food.
The fast food companies include the Yum! brands (such as Kentucky Fried Chicken and Taco Bell), McDonald's, and Burger King. North American and European companies, including Massachusetts Mutual, Northwestern Mutual, and Prudential Financial were among the stock holders.
"The insurance industry cares about making money, and it doesn't really care how," says the senior author of the study, J. Wesley Boyd, M.D. "They will invest in products that contribute to significant morbidity and mortality if doing so is going to make money."
Boyd believes that the insurance companies are investing in unhealthy industries, which includes even the tobacco industry, because they make a profit from charging more for insurance from unhealthy people. So their aim is to make people unhealthy and charge them more.
"They can charge you more for life insurance if you have these negative health outcomes that people have as a result of eating fast food," said Boyd.
This only exposes the true nature of the private health insurance sector. They are driven only by profits, and will gain them by any means necessary. If we really want to have good coverage and not be stabbed in the back by those who claim to look our for our health, then we need a socialist healthcare system!
Friday, April 16, 2010
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1 comments:
I haven't eaten fast food (except for Dunkin Donuts, Subway, and Chipotle - if you consider those places to be "fast food") since I was 11. Completely disgusting. I haven't seen "Food Inc." and really have no plans to, but I know someone who used to work at McDonald's as a cook and he said most of the "meat" MD's serves is actually lard. *PUKE*
But this article is pretty eye-opening. I would suggest giving it to the Maoist Rebel for his maoistrebelnews2 channel. Of course those insurance companies want us to be unhealthy. Their stock in those companies help provide those fast food places with advertising and public relations and such to keep people eating their food. It's all a big scheme.
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