leaderboard
Health insurers are major investers in fast foods
Fri, 2010-04-16 18:35 — sciencestaff
According to a recent study published by the American Journal of Public Health, health insurers are among the top investors in major fast food chains. Ironically, these companies invest nearly 2 billion dollars per year in companies closely linked with heart and vasculary diseases.
“The insurance industry, so far as it seeks to make a profit, it does so in an amoral way,” Boyd said.
“There’s a ton of irony in it,” said Boyd, a psychiatry professor. “In order to generate profits, they will invest in any area they need to … to make money, even if what they invest in, in this case fast food, is an industry that is known to cause people to get sick and to die early.”
Related posts
More on Wikipedia
More on Sciencestage.com
More on Answers.com
More on Pubmed
More on answers.yahoo.com
News
- Health insurers question Obama birth control plan
(Reuters) - Health insurers said on Friday they feared President Barack Obama had set a new precedent by making them responsible for providing free birth control to employees of religious groups as he sought to defuse an election-year landmine. Obama on Friday announced the policy shift in an effort to accommodate religious organizations, such as Catholic hospitals and universities, whose ... - Private health insurers 'fudging financial self-interest agenda'
"Private health insurers are fudging their financial self-interest agenda in their 'briefing papers' to the government," said Mr Ian Powell, Executive Director of the Association of Salaried Medical Specialists, today. Mr Powell was referring to Health Funds New Zealand's representation to government to promote health insurance. - Independence Blue Cross, others to buy Massachusetts firm
Independence Blue Cross is joining with two other Blue Cross health insurers and a St. Louis software company to buy a Massachusetts firm that has what the buyers called the nation's largest real-time communication network for physicians, hospitals, and health insurers. - Regulation: Health Insurers Must Put More Premiums into Medical Care
The California Office of Administrative Law approved Insurance Commissioner Dave Jones’ request to make permanent an emergency regulation he issued last year that requires health insurers to put a larger share of premiums into medical care. The regulation requires health … - Private Health Insurers Fudging Financial Self-Interest
“Private health insurers are fudging their financial self-interest agenda in their ‘briefing papers’ to the government,” said Mr Ian Powell, Executive Director of the Association of Salaried Medical Specialists, today. - Sector Snap: Health insurers
Starting with UnitedHealth on Thursday, health insurers will report their fourth-quarter results over the next two weeks, and a Jefferies & Co. analyst expects the companies and their stocks to do well in early 2012. - Obama: Health insurers, not churches, must provide birth control coverage (poll)
Capping weeks of growing controversy, Obama announced he was backing off a newly announced requirement for religious employers to provide free birth control coverage even if it runs counter to their religious beliefs. - Insurers stuck with cost of Obama birth-control plan
(Reuters) - President Barack Obama's compromise on free birth control coverage left health insurers stuck with the bill, sparking worries over the precedent set by the new policy. Obama on Friday made insurers responsible for providing free birth control to employees of religious groups, aiming to placate outraged leaders of the Catholic church who oppose contraception and to defuse an election ... - Are health insurers on the way out?
Writing for the New York Times today, Zeke Emanuel and Jeffrey Liebman make what they admit to be a bold prediction : Health insurance companies are going the way of the dinosaurs, and are likely to be extinct by 2020. Accountable care organizations, they argue, will follow in their place. Read full article >> - Keeping Patients Happy Hurts Outcomes as Costs Rise, California Study Says
Patient satisfaction is used as a metric for care quality in the U.S., boosting doctor pay and consumer loyalty to health insurers, so the study implies that incentives in the health system are out of alignment with outcomes, said Joshua Fenton, an assistant professor of family and community medicine who is the lead author of the study.
