Posts Tagged ‘ketchup’

30th September
2009
written by Sean Noble

This was an email from a Senate staffer following a debate in the Senate Finance Committee mark-up of the health care bill.  Classic.

Senator Kerry just went on about the outrageous profits of health insurers who dominate the market and offer little choice to consumers.  That’s an interesting point considering that according to the website of Heinz ketchup, the company holds a 60 percent retail market share.  Heinz products enjoy #1 or #2 market share in more than 50 countries.  And according to Yahoo Finance, Heinz profits (8.6 percent) are more than double the health insurance industry (3.3 percent).   Government run Ketchup, anyone?