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Healthcare profiteers are dodging billions in taxes
A new report by Americans for Tax Fairness and Community Catalyst reveals that seven major healthcare companies have dodged over $34 billion in taxes since the 2017 Trump–GOP tax law took effect. At the same time, those companies increased their average profits by 75% — yet they did not meaningfully cut prices, improve patient care, or raise worker pay. Instead, most of their windfall went toward stock buybacks, dividends, and executive bonuses.
Meanwhile, patient experiences have not improved. Insurance denials remain rampant, especially in Medicare Advantage plans, where a high percentage of claim denials are later overturned on appeal. This raises serious questions about whether denials are being issued reflexively to delay or deny care.
As these corporations avoid taxes, ordinary Americans — as taxpayers, patients, and insured individuals — end up footing the bill. A USA Today investigation confirms that health companies continue to profit while consumers and taxpayers bear a greater share of the cost burden. The bottom line is clear: big healthcare isn’t just failing patients — it’s exploiting loopholes and betraying public trust.
This fight is about more than taxes. It’s about justice. When healthcare corporations prioritize profits over people, families are denied necessary treatment, workers remain underpaid, and trust in our healthcare system is eroded. By demanding accountability and tax fairness, we can ensure that public resources and policies put people first.
Thanks,
Mary