If You Have Health Insurance, You're Being Betrayed. Here are the Ugly Facts...
May 06, 2010
Companies providing life and health insurance own nearly $2 billion worth of stock in the fast-food industry. The investments were in Jack in the Box, McDonald's, Burger King, Wendy’s/Arby’s, and Yum! Brands, which includes KFC, Taco Bell, and Pizza Hut.
Dr. Pauline Rosenau, a professor of management, policy, and community health, said the investments were not ethical.
Rosenau point out that, "They are placing themselves in a situation of substantial conflict of interest ... As long as insurers are largely private, for-profit entities, they are unlikely to identify with a public health orientation."
The stock in the five leading fast food companies represents slightly above 2 percent of the total market capitalization of the insurance companies in question.