Health Insurers Hold Billions In Tobacco Stock!

[Closet Toker]

One of my favorite few news networks that I trust, DemocracyNow.com aired this article on just how crooked the insurance Companies are. Smokers are really seen as $$ dollar signs!

Report: Health Insurers Hold Billions in Tobacco Stocks

 

[Ryle]

Seems a bit jerky.. but honestly, can you truly blame them? They shell out so much money for sick smokers, getting money from the back end seems like a reasonable way to even things out a bit.

 

[tdstrike]

Seems a bit jerky.. but honestly, can you truly blame them? They shell out so much money for sick smokers, getting money from the back end seems like a reasonable way to even things out a bit.

who's gonna cost more, the guy who might die at 65 because of cigarettes, or the guy that lives off the medicare system till he's 95? They collect a premium amount from me because I made the mistake of using nicotine, they chose not to help defer the cost to quit. They tax the hell out of tobacco products to help defer the alleged higher cost a smoker may cost the system.
For them to hold stock in their alleged "death dealers" is akin to M.A.D.D. holding stock in a distillery imo.

 

[NY JETS]

Cha-ching baby! However it's legal and they like money just like you and I.

 

[CaSHMeRe]

doesn't surprise me ...

if you really think about it ... Does the American Heart and Lung association and some of these "Anti-Smoking" groups REALLY want CIGS to be banned completely ??? NOPE ... Because they gets TONS of government funding, not to mention Private Donations, etc....

What will come of these non-profits and associations if cigs were to be completely banned?

 

[Vocalek]

Does the American Cancer Society REALLY want to see all types of cancer cured? How about the Lung Association and COPD / emphysema? Now mind you, I am talking CURED, not treatment...

Call me really cynical, but I think it is interesting that it was cardiologists who tested the effects of estrogen replacement on heart disease/strokes and said, "Yikes, stop taking HRT!"

Of course, they did not test it the way it is normally used in medical practice -- give it to women who are just starting menopause. All of the long term studies showed lower rates of heart disease and strokes among HRT users who began using it in their 40s.

They gathered together a bunch of really elderly women (average age was 63 and many were in their 80s) and started them on HRT. If you know that estrogen has a "roto-rooter" type effect (it is called "fibrinolysis") on blood vessels, it is totally predictable that you would see higher rates of embolisms among much older women given HRT for the first time whose vessels had had years to build up gunk.

I have to wonder how many cardiologists own stock in companies that make cholesterol medications.

And it is a cardiologist from the American Heart Association who is saying "We don't know whether electronic cigarettes are safe!"

 

[Ryle]

The whole health insurance thing.. I wonder if the FDA approves E-cigs, if they'll have the same effect on your health insurance as regular tobacco does... interesting thing to contemplate, though honestly I don't care I don't have to pay for my medical, (yes I know I'm lucky) and no I'm not on state provided insurance, I get medical cause of my blood Can't get a better break than that

 

[Cancer]

lots of Altria shares. When it started(combined to form it),it was a nobrainer. After this new law...my broker said its now almost "Google like" in its safety and value. Yes, these groups have an agenda...they lose expense accounts,trips and possibly JOBS if we quit. My gf's best friend took her's to work, at the AMERICAN CANCER SOCIETY. She went out to lunch with co-workers and her boss, and at restaurant her BOSS admonished a patron for VAPING. So now, she hides it, because she knows the"POLITICS" of her place of employment.