As a former health insurance exec, I don’t think any story better illustrates my old industry’s racket than the one I’m about to tell you: Right now, as we enter the worst public health crisis of our lifetimes ( #COVID19 ), health insurers are still raking in record profits. (1/11)

With the COVID19 death & illness count growing each day, you might expect health insurance companies to be one of the industries taking a huge hit right now. After all, they must be reeling from all the medical care Americans now need & all the claims being filed. Right? (2/11)

Get ready to be outraged. The country’s big for-profit health insurers may actually be one of the huge winners from the pandemic. Among the few corporations to see big jumps in their stock price this week are Anthem, UnitedHealthcare, Cigna & Humana (where I used to work). (3/11)