4 ms·

Health insurance definitely is outrageously profitable compared to other insurance sectors: https://www.statista.com/statistics/948687/health-insurance-profits-

• lotsofpulp 6y ago
  It’s paywalled, but based on the blurb it’s an irrelevant comparison of absolute dollars of profit from a health insurance company versus a non health insurance company selling health insurance. One would expect a grocery store to have more absolute dollars of profit from selling groceries than a gas station would. The profit margins of a health insurance company are ~5% per the SEC filings of the largest insurance companies, which is not a large profit margin.