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babylonsister

(171,036 posts)
Mon Mar 16, 2020, 10:54 AM Mar 2020

Jared Kushner's family is set to make a cool fortune off the coronavirus pandemic


Jared Kushner’s family is set to make a cool fortune off the coronavirus pandemic
Posted by Will Bishop | Mar 16, 2020 | Coronavirus, National News, Trump | 0 |
Jared Kushner’s family is set to make a cool fortune off the coronavirus pandemic


As the number of Americans infected with coronavirus surpasses 3,000, the family of senior White House adviser Jared Kushner is on the verge of making a mint from the deadly pandemic thanks in large part to their White House connections.

DC Reports notes:

“Oscar Health, the health insurance company co-founded by Jared Kushner’s younger brother, announced Friday that it has launched a testing center locator for COVID-19 in the United States with more than 100 centers. The company is also offering a risk assessment survey and talking to a doctor online.”


This is the very same Oscar Health that has also profited from the easing of federal rules governing health insurance policies that may be sold as part of the revised Affordable Care Act, which President Donald Trump has been trying to destroy since taking office.

Specifically, Oscar Health was accused in 2018 of selling junk policies in the state of Ohio, according to Newsweek:

“With a sky-high deductible of $15,800, the plan could see families spending up to $24,488.84 before emergency room care or regular doctor’s visits, even to a primary care physician, would be covered. The Oscar Buckeye State Simple Bronze plan uncovered by Fairweather was an outlier, but it was far from the only plan offering little coverage in exchange for a huge annual deductible.”


more...

https://www.lancastercourier.com/2020/03/16/jared-kushners-family-is-set-to-make-a-cool-fortune-off-the-coronavirus-pandemic/?fbclid=IwAR0S5XRlAokFb8NCF-9KwHxOlv0RxVVb-ZLjgGI74oQf5mQBh0-_20uvr5g
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Jared Kushner's family is set to make a cool fortune off the coronavirus pandemic (Original Post) babylonsister Mar 2020 OP
Oscar Health lost $110 million in 2019, almost double the $57 million the company lost in 2018. . nt Bernardo de La Paz Mar 2020 #1
Run Like I'd Expect ProfessorGAC Mar 2020 #2
Good. I'm glad to hear that. tosh Mar 2020 #4
There is no bottom for these... tosh Mar 2020 #3
Charge it, then back charge it, and say FRAUD! Brainfodder Mar 2020 #5
I wonder if this was a factor in 45's rejection of WHO's offer of testing kits? Tanuki Mar 2020 #6
there's a reason.. stillcool Mar 2020 #8
You know it. nt crickets Mar 2020 #9
Not sure this will make them money, other than PR. In any event, Kush is definitely a POS. Hoyt Mar 2020 #7
 

Hoyt

(54,770 posts)
7. Not sure this will make them money, other than PR. In any event, Kush is definitely a POS.
Mon Mar 16, 2020, 11:04 AM
Mar 2020

It does not appear the testing facilities are owned by Oscar. What Oscar is doing is not particularly expensive. Now, their insurance products don't offer a lot of value.

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