Insurance Companies: Health
It provided a safety net during the financial ruin of the Great Depression.
This became known as the It was a massive success because it solved two problems at once: health insurance companies
Despite the controversy, the industry continues to grow, with UnitedHealth Group projecting revenues of over by 2026. It remains a complex system that started with a few school teachers and a couple of quarters in Dallas. It provided a safety net during the financial
One of the most famous stories of the industry's darker side involved Nataline Sarkisyan, a teenager denied a liver transplant by her insurer. The company eventually relented after massive media pressure, but it was too late—she passed away hours later. This event was so impactful it led some high-level executives, like former Cigna VP Wendell Potter , to resign and become industry whistleblowers. One of the most famous stories of the
Health insurance as we know it—tied to our jobs—happened almost by accident during World War II. Because of strict government "wage freezes," companies couldn't offer higher pay to attract workers. To get around this, they began offering instead of money. By the time the war ended, the precedent was set, and health insurance was firmly linked to employment. The Modern Dilemma: Profit vs. Patients