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Mark Cuban asks if 401(k) investors should dump health insurance funds
Original: Mark Cuban: Your 401(k) makes you part of the cost of healthcare problem — should you ditch funds tied to Big Insurance?
Mark Cuban argues that retirement savers whose 401(k) funds hold big health insurance stocks are financially tied to the industry driving up US healthcare costs. He is prompting investors to consider whether they should ditch mutual funds and index funds exposed to insurers, framing everyday retirement investing as complicit in rising medical bills and fueling debate over socially screened 401(k) options.
Why now: Cuban's high profile and growing public anger over US healthcare costs make the idea of shunning insurers in retirement portfolios a provocative talking point.
Mark Cuban401(k)US health insurance industry
Evidence
- Mark Cuban: Your 401(k) makes you part of the cost of healthcare problem — should you ditch funds tied to Big Insurance? · Yahoo Finance
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