Chapter 597: The Double-Flower Red Stick in the Association
The BD government has been striving to implement the "Universal Healthcare" bill, but with little success.
This is because they have offended a powerful and greedy interest group even more powerful than the military-industrial complex.
BD's expression turned serious:
"Those insurance cartels won't just stand by and watch Fang Huan take away their livelihood."
Insurance cartels.
They are the most steadfast opponents of "Universal Healthcare," a group of giant leeches sucking blood from the people of the United States.
They use money and votes to manipulate Congress, buy off countless politicians, and coerce and entice major hospitals and pharmaceutical companies to resist the healthcare reform plan.
This has resulted in many people enrolled in health insurance being unable to receive the reimbursement they are entitled to when seeking medical treatment; a large number of drugs and treatments are excluded.
They can even get hospitals to refuse services to "Universal Healthcare" policyholders.
“But Fang Huan promised that all these problems would be solved once you joined their ‘Fang Huan Insurance.’
Of course, initially it would only target vulnerable groups.
They hope to cooperate with the M country government to jointly promote this…great charitable cause.”
“John,” BD looked up, his eyes sharp as a knife, “Do you really think this is just a charity project?”
“…?”
BD slowly shook his head, a cold, almost desperate smile appearing on his face.
This time, Fang Huan didn't even bother with pretense; their ambition was practically written all over their faces!
"Right now, 'Fang Huan Insurance' is entering the market under the guise of helping the poor.
But have you considered what will happen when its system expands, when it uses its unparalleled capital and technological advantages to squeeze out and swallow up other insurance companies one by one, ultimately forming an absolute monopoly?"
"At that time, any American citizen who wants to live, who wants treatment, will have no choice but to kneel at Fang Huan's feet, accepting its 'blessings' and...control!"
BD knew perfectly well what they ultimately wanted.
"On that day, everyone will have an invisible shackle called 'Fang Huan' around their necks, and even...
They will forcibly implant that biochip representing absolute control...into every policyholder!
They'll call it 'Fang Huan Health Care'!"
"!!!"
John, upon hearing this, was struck dumb, all color draining from his face!
He had naively believed this was a rare act of kindness from Fang Huan!
"You've been Fang Huan's lackey for so long, and you can't even see through their little scheme?"
BD gave him a disdainful look.
"..."
"However, this might not be so easy." A smug smile played on BD's lips.
"I can't say for other places, but the insurance cartels in the US are a bunch of ruthless wolves.
The money they spend on political lobbying every year is astronomical."
In the US, the power of insurance cartels is no less than that of the financial giants on Wall Street.
Now, Fang Huan, this powerful outsider, wants to put a collar on these local thugs.
This will inevitably trigger a... earth-shattering bloodbath!
"I just don't know," BD muttered to himself, his eyes gleaming with madness and anticipation.
"What earth-shattering news are they planning this time?"
***
"Fang Huan Investment? What are those damned lunatics up to?"
Inside a smoke-filled, secret room, the atmosphere was oppressive.
UHIP, the United Health Insurance Association of America, a group of well-dressed, portly old men sat around a table. These were the association's bigwigs, each with a worried expression, as if their ancestral graves had been desecrated.
United Health Insurance Association of America.
The name sounded harmless, even carrying a hint of "for the people's health."
But those in the know understood perfectly well that this place was the "Golden Summit" of the American insurance industry.
Any insurance company that wanted to speak or hand over money at the Washington Mansion had to first pay their respects here.
Every single one of the industry giants, without exception, was a top-ranking member of this association.
This place was, in essence, the underground parliament of the insurance industry, a veritable insurance cartel.
And now, an unprecedented emergency meeting was being held, all because of the name Fang Huan Investment.
“The news is confirmed. Fang Huan, that dragon crossing the river, is preparing to make his move.”
The association chairman, Carlson, a man as fat as a walrus but with eyes as sharp as a hawk, presided over the meeting and said in a deep voice,
“They plan to launch their insurance business simultaneously in the US and East Asia.”
Upon hearing this, everyone's hearts skipped a beat. No wonder this old fox had gathered everyone in such a hurry, making it seem like the end of the world.
This was a damn powerful dragon crossing the river, ready to overturn the table and cause chaos!
This piece of fat meat they had amassed for a hundred years, was actually being coveted by outsiders!
The problem was, this time it wasn't just a dragon crossing the river, but a Godzilla from another dimension!
Its size was outrageous; one stomp could turn their hideout into a giant crater!
"Ha, I didn't think this was news," a greasy, fat man scoffed.
"Those lunatics, Fang Huan and his gang, weren't they already the world's financial giants?
Their claws have been reaching out like octopuses, grabbing money everywhere.
Now they're only thinking about this juicy piece of meat, insurance? I think their reaction time is too slow!"
These words immediately lightened the atmosphere considerably, and several old men nodded in agreement.
Indeed, Fang Huan Investment wanting to get into insurance sounded alarming, but upon closer inspection, it made perfect sense.
Given Fang Huan Investment's insatiable appetite, its immense wealth, and its lawless behavior, venturing into the insurance industry—a business where you can print money with your bare hands—was perfectly normal.
However, the association president, Carlson's, grim face, as if he had just lost his parents, cast a shadow over everyone's hearts.
"If it were just regular business competition, I wouldn't have dragged you all here from the golf course."
Carlson's voice was hoarse and heavy.
"Fang Huan's methods are beyond your wildest imagination.
They've raised the banner of 'aiding the disadvantaged,' preparing to lure people in with an absurdly low price, a price so low it would make any actuary have a brain hemorrhage on the spot!"
"Not only that, they've also connected with the BD government's 'universal health insurance' program, planning a deep collaboration to expand the coverage!"
"A fire sale price?" someone exclaimed. "How fire sale?!"
"A suicidal price that will leave us all penniless, not even covering half our costs!"
Carlson's eyes grew increasingly grim.
"Their calculations are shrewd. They want to use this method to uproot all the customers we've painstakingly built up over decades, like a tornado sweeping through!"
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