The Real News Podcast Working Life Podcast: Private Equity Vultures Multi-Billion Dollar Medical Scam
Oct 9, 2019
56:59
Working Life Podcast - Episode 151:
I would never have said it before today but it turns out health insurance companies aren’t the most evil players in the healthcare industry. Don’t freak out—health insurance companies are bad, and they are bankrupting millions of people, and the country. But it turns out even worse than the health insurers are some big mega private equity vultures who are gobbling up big pieces of medical services and socking millions of people with surprise medical bills—and I’m going to go in depth on this story, which is not being covered anywhere else, with Eileen Appelbaum, co-director of the Center for Economic and Policy Research and one of the great experts on private equity. Then, I’m kicking back into gear with regular segments with great progressives running for office. Today, I chat with Rachel Ventura who is running in the Democratic primary in Illinois’ 11th Congressional district against a corporate Democrat who is awash in Wall Street and real estate dollars.
--Jonathan Tasini
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I would never have said it before today but it turns out health insurance companies aren’t the most evil players in the healthcare industry. Don’t freak out—health insurance companies are bad, and they are bankrupting millions of people, and the country. But it turns out even worse than the health insurers are some big mega private equity vultures who are gobbling up big pieces of medical services and socking millions of people with surprise medical bills—and I’m going to go in depth on this story, which is not being covered anywhere else, with Eileen Appelbaum, co-director of the Center for Economic and Policy Research and one of the great experts on private equity. Then, I’m kicking back into gear with regular segments with great progressives running for office. Today, I chat with Rachel Ventura who is running in the Democratic primary in Illinois’ 11th Congressional district against a corporate Democrat who is awash in Wall Street and real estate dollars.
--Jonathan Tasini
Become a supporter of this podcast: https://www.spreaker.com/podcast/the-real-news-podcast--2952221/support.
Help us continue producing radically independent news and in-depth analysis by following us and becoming a monthly sustainer.
Follow us on:
Bluesky: @therealnews.com
Facebook: The Real News Network
Twitter: @TheRealNews
YouTube: @therealnews
Instagram: @therealnewsnetwork
Become a member and join the Supporters Club for The Real News Podcast today!