Are Health Insurers Cashing in on Fast Food?
"A new study finds that companies selling health and life insurance invest nearly $2 billion in fast food restaurants, Scientific American reports." I found this to be an interesting opening sentence in a news item posted to U.S. News & World Report's Health Buzz. It caught my attention.
The fast food industry has exploded in the last decade plus. Even the words "Super Size" are now pop-culture words. Why wouldn't the health and life insurance industries want to invest in it? Health insurance companies have invested in the tobacco industry for years. It's sort of comparable to betting both red & black in Las Vegas, or even investing in your competitor. It is a smart business decision on their part.
Healthier lifestyles are the only answer, but then will our insurance premiums go up to cover the stock losses? I'll think about that more while eating my Big Mac.
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