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Health insurers’ shameful coronavirus opportunism

Health insurers’ shameful coronavirus opportunism 1

The efforts in Washington come against the backdrop of eye-popping profits that insurers are reporting in the midst of a pandemic that has hobbled industries from airlines to real estate to retail. Just this week, UnitedHealth, the largest private health insurer in the country, reported huge profits. United’s first-quarter 2020 revenues, shattering expectations, grew $4.1 billion — 6.8% — to $64.4 billion.

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