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Home Health & Medicine

Health insurers are major investers in fast foods

Mihai Andrei by Mihai Andrei
April 16, 2010
in Health & Medicine, Shorties
Reading Time: 1 min read
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gross-cheseburgerAccording 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.”

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Tags: fast foodhealthinvestorobesityShorties
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Mihai Andrei

Mihai Andrei

Andrei's background is in geophysics, and he's been fascinated by it ever since he was a child. Feeling that there is a gap between scientists and the general audience, he started ZME Science -- and the results are what you see today.

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