Hey guys I got a some bad news about Chapter, a company TYT announced they did research into and is now sponsoring, its investors and some of whom cofounders are JD Vance, Peter Thiel and Vivek Ramaswamy.
Can anyone clarify more about why Cenk chose this, especially given Ramaswamy’s history of fraud and Thiels company Palantir increasingly trying to get access of peoples personal info?
Not accusing, just want more info.
Also apologies if the links were disconnected from the first letter on, only way I could include them.
h ttps://switchers.askchapter.org/ntm/tyt/simple-switchers?overridePhoneNumber=5045060860&utm_campaign=TY_MC_WE_DF_SA_US_02_2A
h ttps://techcrunch.com/2025/04/16/chapter-a-medicare-startup-with-links-to-vance-thiel-and-ramaswamy-just-raised-a-round-at-1-5b-valuation/
There’s also a good deal of concerns about Chapter as a medicare advantage company as well.
- Privatization of Medicare
- Medicare Advantage is run by private insurance companies, not the federal government.
- Critics see it as a step toward the broader privatization of Medicare, weakening the original public program.
- Profit Motive & Conflicts of Interest
- Chapter gets paid by insurance companies for steering people into their plans.
- Insurance giants like UnitedHealth both sell these plans and own hospitals/clinics, creating conflicts of interest between profits and patient care.
- False Advertising & Misleading Promises
- Medicare Advantage is marketed with promises of savings and extra benefits.
- In practice, patients often face denials of coverage, prior authorization hurdles, and restricted provider networks.
- Access to Care Problems
- Many doctors and hospitals do not accept Medicare Advantage plans.
- Patients often struggle to get the care their doctors recommend because of insurer restrictions.
- Transparency & Ethics Concerns
- Chapter’s disclaimers admit it’s not connected to the government, but people may still be misled into thinking it’s an official Medicare service.
- Advising seniors on health coverage while financially incentivized by insurance is seen as unethical.