Posts Tagged ‘record profits’
America’s Healthcare Crisis is Getting Worse
By Roger Bybee for In These Times – “I don’t think the American people want shared sacrifice. I think that they want shared prosperity.”—John Watson of Chevron, testifying this month against a proposed $2 billion cut in oil-companies’ annual tax breaks in a year when they are on track to make $100 billion in profits…
Read MoreHealth Insurers Making Record Profits as Many Postpone Care
By Reed Abelson for New York Times – The nation’s major health insurers are barreling into a third year of record profits, enriched in recent months by a lingering recessionary mind-set among Americans who are postponing or forgoing medical care. The UnitedHealth Group, one of the largest commercial insurers, told analysts that so far this…
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