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April 9, 2010

Study: Insurance Firms Heavily Invest in Fast-Food Industry
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A new study says leading health and life insurance companies are major
investors in the fast-food industry. Researcher at the Cambridge Health
Alliance and Harvard Medical School found that US, Canadian and
European-based insurance firms hold at least $1.88 billion in fast-food
companies. The study’s authors say the holdings pose a conflict of
interest in that overconsumption of fast food threatens the health and
well-being of millions of Americans. Senior study author Dr. Wesley Boyd
said, “Our data illustrate the extent to which the insurance industry
seeks to turn a profit above all else. Safeguarding people’s health and
well-being take a back seat to making money.”



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