Health insurers want you to keep smoking, Harvard doctors say

Posted by Trish Riley, April 18, 2010

Health and life insurance companies in the U.S. and abroad have nearly $4.5 billion invested in tobacco stocks, according to Harvard doctors.

The largest tobacco investor on the list, the 160-year old Prudential company with branches in the U.S. and the U.K., has more than $1.5 billion invested in tobacco stocks. The runner-up was Toronto-based Sun Life Financial, which apparently holds over $1 billion in Philip Morris (Altria) and other tobacco stocks. In total, seven companies that sell life, health, disability, or long-term care insurance, have major holdings in tobacco stock.

via News Blog: Health insurers want you to keep smoking, Harvard doctors say.

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