the Voice of
The Communist League of Revolutionary Workers–Internationalist
“The emancipation of the working class will only be achieved by the working class itself.”
— Karl Marx
the Voice of
The Communist League of Revolutionary Workers–Internationalist
“The emancipation of the working class will only be achieved by the working class itself.”
— Karl Marx
March 2, 2026
The seven largest for-profit health insurance conglomerates took nearly $1.7 trillion from their customers in 2025, and they booked more than $54 billion in profits, as Wendell Porter, an ex-Cigna vice president, reported. So, these companies, UnitedHealth, CVS/Aetna, Cigna, Elevance, Humana, Centene, and Molina, are ripping us off big time.
These companies took record amounts of money from the state and federal governments. For example, UnitedHealthcare now receives more than 77% of its revenue from government programs, even though it covers almost twice as many people in its commercial plans. That is, extracting our tax money through government entities is much more profitable for them. Our health and sickness are a guaranteed source of money-making.
And these companies covered 10 million fewer people than in 2024. These companies kick more people out of their coverage every day because their health care is no longer profitable.
On top of these schemes, these companies used our payments to them, e.g., the $12 billion of our premiums and other health care spending, to buy back their own shares of stock to boost their earnings per share, which only benefits their shareholders and top executives.
These CEOs received compensation ranging from 15 to 27 million dollars in 2024. They enriched themselves very luxuriously at our expense.