Health insurers around the world collectively hold $4.5 billion worth of tobacco industry stock, according to a new study. The Consumerist has great highlights on the story, including this killer quote from the study's co-author, David Himmelstein, "[It's] the combined taxidermist and veterinarian approach: either way you get your dog back." Also: Toronto's Sun Life financial lied and said it didn't have any tobacco stock -- it has over $1 billion.
Health insurers want you to keep smoking, Harvard doctors say
Why is it a big deal? "If you own a billion dollars [of tobacco stock], then you don't want to see it go down," says Himmelstein, "You are less likely to join anti-tobacco coalitions, endorse anti-tobacco legislation, basically, anything most health companies would want to participate in."...
But with $4.5 billion still invested in Big Tobacco, many insurers are reaping profits from a cancer-causing industry. As Himmelstein puts it, "Is this who we want running our healthcare system?"
(Image: cigarette, a Creative Commons Attribution photo from SuperFantastic's Flickr stream)
The Leave campaign’s old homepage, which once linked to screen after screen of promises about the UK’s bright future out of the EU, is now just a static banner, with no way to navigate to those pages.
Photographer unknown, spotted on Sunset Boulevard.
In the runup to the Brexit vote, the “Leave” campaign repeatedly argued that the National Health Service could receive £350m/week in funds diverted from the money supposedly remitted by the UK to the EU (in reality, that number is radioactively false).
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