3 ms·

> revenue; $68 billion. Net income; $925 million sounds like profit margin is very small and they can go underwater any moment.

• angstrom 3y ago
  Now do United Health
  • riku_iki 3y ago
    how its relevant?
    • mvdtnz 3y ago
      You need to downvote and ignore people who respond with things like "now do X", "relevant username", "get out of here with your facts and logic" and similar Redditisms. The best we can hope for is for the Reddit interlopers to quietly go away.
• smileysteve 3y ago
  Seems compatible with the Aca caps. Where 80 of revenues had to be spent on healthcare expenses for insurers. https://www.healthcare.gov/health-care-law-protections/rate-review/#:~:text=The%2080%2F20%20Rule%20generally,Medical%20Loss%20Ratio%2C%20or%20MLR https://www.healthcare.gov/health-care-law-protections/rate-....
• candiddevmike 3y ago
  As a non profit, your goal is to show as little profit as possible. So you play hide the money in board salaries, "outside consultants", executive pay and retirement plans, etc.
  • riku_iki 3y ago
    I think non-profit can be profitable, they just don't distribute profit to shareholders. Distributing profit through pay, plans and bonuses sound like blatant fraud and they likely trying to avoid it.