/* mobile /* end mobile MEDDESKTOP: Insurance Companies Selling Fast Food!

Thursday, April 15, 2010

Insurance Companies Selling Fast Food!

Insurance companies, 11 of them, that deal with yours and my life, disability, or health insurance are holding about $1.9 billion in stock in the five largest fast-food companies as of June 2009, according to Harvard Medical School researchers.
The fast-food companies involved are McDonald's, Burger King, and Yum! Brands (the parent company of KFC and Taco Bell).
U.S.-based Massachusetts Mutual, Northwestern Mutual, and Prudential Financial were among the insurers listed.
"The insurance industry cares about making money, and it doesn't really care how," says the senior author of the study, J. Wesley Boyd, M.D., an assistant clinical professor of psychiatry at Harvard Medical School, in Boston. "They will invest in products that contribute to significant morbidity and mortality if doing so is going to make money."
American Journal Of Public Health via CNN

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