Life and health insurance industry investments in fast food.
Previous research on health and life insurers' financial investments has highlighted the tension between profit maximization and the public good. We ascertained health and life insurance firms' holdings in the fast food industry, an industry that is increasingly understood to negatively impact public health. Insurers own $1.88 billion of stock in the 5 leading fast food companies. We argue that insurers ought to be held to a higher standard of corporate responsibility, and we offer potential solutions.
Mohan
Arun V
AV
Department of Psychiatry, Cambridge Health Alliance, Cambridge, MA 02139, USA.
McCormick
Danny
D
Woolhandler
Steffie
S
Himmelstein
David U
DU
Boyd
J Wesley
JW
D002170:Canada; D057140:Fast Foods / Q000191:economics*; D006801:Humans; D007221:Industry / Q000191:economics / Q000941:ethics / Q000458:organization & administration; D007348:Insurance, Health / Q000191:economics* / Q000458:organization & administration; D007352:Insurance, Life / Q000191:economics*; D007449:Investments / Q000191:economics*; D011634:Public Health / Q000191:economics; D012941:Social Responsibility; D014481:United States
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