Politics

HMO moguls make massive donation to Workers’ Party

In 2021, major HMO Hapvida was at the epicenter of Brazil’s central political fact of the year, the Senate’s Covid inquiry. Senators accused the country’s largest health insurer of pushing unproven “early treatment” against the coronavirus, touted by President Jair Bolsonaro, and which included ineffective drugs such as chloroquine. 

Essentially, Hapvida used patients as guinea pigs, the inquiry’s final report concluded.

At the time, The Brazilian Report revealed that the Koren family, which controls Hapvida, expanded their political ties with parties such as Progressives and Democrats — which are part of a group of rentier parties known as the “Big Center.” 

But like many major corporations in Brazil, Hapvida’s money was not bound by ideology — and the group also funded campaigns of the center-left Workers’ Party in the 2020 municipal elections.

Last April, four members of the Koren family donated a combined BRL 250,000 (USD 47,720) to the Workers’ Party — official data from Brazil’s Superior Electoral Court shows.

(Jun. 29, 2022 UPDATE: The electoral justice systems were updated since our story broke to include additional donations by members of the Koren family. With previous donations, they combine for BRL 1.25 million in contributions to Lula’s Workers’ Party.)

The money wired six months ahead of the most anticipated presidential election in decades was not for any particular campaign — but for the party’s ordinary expenses. These include Lula’s monthly allowances. 

Hapvida executives during the company’s 2018 IPO. At the front, from the left: Candido Pinheiro Junior, Ana Christina Lima, Jorge Pinheiro, and Candido Koren. They combined for a BRL 250,000 donation to the Workers’ Party. Photo: B3

Last...

André Spigariol

André Spigariol covers Brazilian foreign policy, politics, and economics. He has been published by several media outlets in Latin America, including Vortex Media, Spotniks, Congresso em Foco, La Tercera, CNN Chile, Radio Cooperativa, among others.

Recent Posts

Brazilian GDP predictor suggests 2.3 percent growth in Q1

The Ibre-FGV GDP monitor, a tool to predict economic activity in Brazil, suggests that the…

10 hours ago

Misinformation, a plague that must be stopped

The floods in the Brazilian state of Rio Grande do Sul have killed nearly 150…

11 hours ago

Social issues led Brazil to miss the boat on climate change

Home to the largest tropical forest in the world, an energy mix that is high…

13 hours ago

Clean energy may be Piauí’s gateway to the world

The northeastern Brazilian state of Piauí isn’t among the country’s richest or most populous states…

14 hours ago

Rio Grande do Sul rebuilding could mean relocating entire cities

Rio Grande do Sul Lieutenant-Governor Gabriel Souza said the state government is considering relocating entire…

14 hours ago

Brazil’s wine industry holds firm amid climate chaos

“We’ve got no idea what the next vintage is going to look like. A lot…

15 hours ago