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Insurance Companies Are Spending Millions on Attack Ads Against Medicare for All — Alan Macleod

Summary:
Healthcare corporations are spending millions of dollars on astroturfed attack ads against Medicare for All. The Partnership for America’s Healthcare Future, for example, a coalition of hospitals and insurance companies, has spent million on a television campaign against changes to the current healthcare system they profit from. The commercial presents the Partnership as a grassroots organization of concerned citizens, rather than that corporate front group exposed by The Intercept that it is. It features a range of actors of different races, ages and occupations expressing their concern over Medicare for All. “We come from different walks of life but we agree on one important thing: we don’t want to be forced into a one size fits all government insurance system” the commercial

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Healthcare corporations are spending millions of dollars on astroturfed attack ads against Medicare for All. The Partnership for America’s Healthcare Future, for example, a coalition of hospitals and insurance companies, has spent $1 million on a television campaign against changes to the current healthcare system they profit from.
The commercial presents the Partnership as a grassroots organization of concerned citizens, rather than that corporate front group exposed by The Intercept that it is. It features a range of actors of different races, ages and occupations expressing their concern over Medicare for All. “We come from different walks of life but we agree on one important thing: we don’t want to be forced into a one size fits all government insurance system” the commercial states, without telling the viewer that “we” does not refer to human beings, but an amalgamation of corporations. It warns that any changes to the system would result in “higher taxes or higher premiums” and “lower quality care” and features one actor scoffing over the idea of “politicians and bureaucrats in charge of our healthcare.”...
Mint Press Review
Insurance Companies Are Spending Millions on Attack Ads Against Medicare for All
Alan Macleod
Mike Norman
Mike Norman is an economist and veteran trader whose career has spanned over 30 years on Wall Street. He is a former member and trader on the CME, NYMEX, COMEX and NYFE and he managed money for one of the largest hedge funds and ran a prop trading desk for Credit Suisse.

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