Medical-Industrial Complex: Profit Over People
The medical-industrial complex (MIC) refers to the network of interactions between pharmaceutical companies, healthcare providers, hospitals, insurance companies, and other entities that prioritize profit over patient care. Coined in the 1970s, the term draws from Eisenhower’s “military-industrial complex,” highlighting how healthcare has become a massive, profit-driven industry. It encompasses big pharma, medical device manufacturers, for-profit […]