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The Insurance Industry's Great Harvesting Machine - Part One
The Insurance Industry's Great Harvesting Machine - Part One
June 15, 2026 | AD News Network
The American insurance industry has become one of the largest financial intermediaries in human history. What began as a system for pooling risk has evolved into a sprawling network of insurers, brokers, pharmacy benefit managers, hospital systems, consultants, and government contractors that collectively absorb trillions of dollars from households, employers, and taxpayers every year.
The American insurance industry has become one of the largest financial intermediaries in human history. What began as a system for pooling risk has evolved into a sprawling network of insurers, brokers, pharmacy benefit managers, hospital systems, consultants, and government contractors that collectively absorb trillions of dollars from households, employers, and taxpayers every year.