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Anthem, Cigna, CVS Health, Humana and UnitedHealth Group combined are bigger than Facebook, Amazon, Apple, Netflix and Google put together. That's our expensive, inefficient healthcare system. But they're against fixing anything. They like things just as they are. | image tagged in insurance,big tech,healthcare,reform | made w/ Imgflip meme maker
404 views 1 upvote Made by anonymous 6 years ago in politics
5 Comments
1 up, 6y,
1 reply
False......Apple alone is bigger than those health Co's combined. (Combined market cap for those health companies = 520billion....Apple = 800 billion.... Facebook = 500 billion....Amazon = 800 billion.....NFLX= 155 billion......Google is over a trillion )
1 up, 6y,
1 reply
We're talking revenue here, not market cap. True.
0 ups, 6y,
1 reply
And, they've got a lot more pull on Capitol Hill than Big Tech. You'll see Amazon broken up into little tiny pieces before any of these healthcare monstrosities.
0 ups, 6y,
1 reply
mmk...AMZN annual revenue for 2018 was over 232 billion....FB=55b.....AAPL=265b....NFLX=15b......GOOG/GOOGL=136b...total=703 billion. Anthem=90b....Cigna=41b.....CVS=188b....Humana=56b......United=227b....total=602...so still doesn't work. The real problem is gov regulations that great virtual monopolies in both of these sectors. Less regulation and subsidies would allow smaller more competitive businesses into the markets of both, thus reducing prices to the consumer.
0 ups, 6y
. | made w/ Imgflip meme maker
The problem with Big Tech is an absence of regulation. Most congressmen don't know where to begin to rein in abuses.

As for the insurance companies' monopolistic stranglehold, try to make any changes at all and Republicans will cry "Socialized Medicine!" Healthcare is stuck in the Stone Age here and that's the way they like it. Notice our conspicuous absence from this list.
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Anthem, Cigna, CVS Health, Humana and UnitedHealth Group combined are bigger than Facebook, Amazon, Apple, Netflix and Google put together. That's our expensive, inefficient healthcare system. But they're against fixing anything. They like things just as they are.