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Health insurance companies made $6B in profits in 3 months

Aug 10, 2017, 4:26 PM

Todd Herman's Profile Picture

BY TODD HERMAN


Former AM 770 KTTH Host

You know who we’ve been helping out and who are receiving record profits? Health insurance companies.

They’ve reported $6 billion in combined adjusted profits for their second quarter. Second quarter, three months, $6 billion in profits. But Mitch McConnell would like to continue to bail them out.

The companies also have a $275 billion dollar tax exemption for their product. Yet another reason health care is so expensive. It’s why we have 16 paper pushers for every doctor in America.

This is all a scam that forces American to buy their products; hence, the $6 billion made in three months.

This is not earning money, it’s stealing it.

As always, please listen to the full audio clip for complete context.

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Health insurance companies made $6B in profits in 3 months