A few days ago, Hunterbrook, a short-seller funded media outfit, released an investigative report showing what looks like a multi-billion dollar money laundering operation by the three largest health insurance companies. The allegation is that CVS, UnitedHealth Group, and Cigna are supposed to negotiate with pharmaceutical companies for lower drug prices for their patients. But instead, they collude with those pharmaceutical companies to force higher drug prices, and split the profits with them. It’s not a new charge. The Federal Trade Commission included this alleged scam in its complaint filed against these companies in September of 2024.