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The Healing of America

a Global Quest for Better, Cheaper, and Fairer Health Care
Jan 17, 2014StarGladiator rated this title 2 out of 5 stars
It's not a bad book, but it's not outstanding, either, just another author rehashing the same ground, while offering nothing new. The Publishers Weekly reviewer correctly hits the target with, ". . .Reid neglects to address the elephant in the room: just how are we to sell these changes to the mighty providers and insurers?" Let's examine exactly who owns the major health insurers, beginning with one just in the news, Anthem, which is purchasing Cigna to make it the number two insurer - - so who owns or is the majority investor in Anthem? Vanguard Group, T. Rowe Price, State Street Corp. and FMR LLC [Fidelity]. So who owns T. Rowe Price? Vanguard Group, State Street Corp., JPMorgan Chase and BlackRock. So who owns JPMorgan Chase? Vanguard Group, State Street Corp., FMR LLC and BlackRock. [Applies to number one, Aetna, and number three, UnitedHealth.] Now you know the answer.