Health Insurance Companies Snapping Up Fast Food Stock

It appears that more and more life and health insurance companies are buying stock in the fast food industry.

According to the Cambridge Health Alliance, as of June 2009, large insurers own more then $1.88 billion of stock in the five leading fast food companies.

This is a very shady business practice according to the Harvard medical group as it just proves that large insurance companies could give a hoot about our actual health.

Insurance companies already have a bad wrap when it comes to people’s views of them and their sometimes unwillingness to honor their policies, and now we find out that they are invested in the type of food that is bad for us.

The report detailing which insurance companies are doing this and how much they own in fast food stock is published in the April 15 online issue of the American Journal of Public Health.

Are these life and health insurance companies doing anything to try to make the fast food industry healthier?

Heck no, because bottom line, if they did, then they would lose money because people would not eat as much healthy fast food, and would end up taking their business elsewhere.

• Share
• Tweet
• "&title=""">