Howard Schultz Defends Private Insurance Companies That Have Failed Americans For Decades

Former Starbucks CEO Howard Schultz defended the private insurance industry, which has made billions of dollars while failing Americans for decades.

Schultz issued his defense of the failed industry on “CBS This Morning” while criticizing Democratic Sen, Kamala Harris of California who called for universal health care and abandoning the private insurance industry during a CNN town hall on Jan. 28 (video below).

That’s not correct, that’s not American. What’s next? What industry are we going to abolish next? The coffee industry?

After comparing essential health care to coffee, Schultz said he wanted to change the Affordable Care Act, but wouldn’t say how:

The Affordable Care Act should stay and it should be refined. But the thing we should get rid of is the insurance industry? Again, this is exactly the situation, it’s far too extreme on both sides and the silent majority of America does not have a voice.

A Reuters–Ipsos survey found in 2018 that 70 percent of Americans support universal health care in a “Medicare for all” plan, which Harris supports, noted The Hill.

(Sources: CBS This Morning via Twitter, CNN via Twitter, The Hill)

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