The Real News Daily Podcast

The Real News Daily Podcast


Working Life Podcast: Private Equity Vultures Multi-Billion Dollar Medical Scam

October 09, 2019

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