The LNP in Australia & Greg Hunt MP see the American model of healthcare the best model for Australia. Americans certainly don see it as such.
Five of the most profitable health insurance companies in the U.S. brought in over $11 billion in profits in the second quarter of 2021, it was reported on Friday—an outrageous amount of money, especially during a pandemic, that progressives said provides further evidence of the need for Medicare for All. Between April and June of this year, UnitedHealth Group, Aetna, Anthem, Cigna, and Humana reported profits of $4.37 billion, $2.78 billion, $1.8 billion, $1.47 billion, and $588 million, respectively. Health insurance companies’ second quarter earnings contrast sharply with the hardships faced by many Americans.