Life and health insurance industry investments in fast food.

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Bibliographic Details
Title: Life and health insurance industry investments in fast food.
Authors: Mohan AV (AUTHOR), McCormick D (AUTHOR), Woolhandler S (AUTHOR), Himmelstein DU (AUTHOR), Boyd JW (AUTHOR)
Source: American Journal of Public Health. Jun2010, Vol. 100 Issue 6, p1029-1030. 2p.
Subjects: Life insurance companies, Health insurance companies, Investments, Profit maximization, Corporate profits, Convenience foods
Abstract: 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. (Am J Public Health. 2010;100:1029-1030. doi:10.2105/AJPH.2009.178020) [ABSTRACT FROM AUTHOR]
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Database: Psychology and Behavioral Sciences Collection
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Abstract: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. (Am J Public Health. 2010;100:1029-1030. doi:10.2105/AJPH.2009.178020) [ABSTRACT FROM AUTHOR]
ISSN:00900036
DOI:10.2105/AJPH.2009.178020