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And despite that Unitedhealthcare has grown from ~$70 billion revenue in 2007 to $320 billion in 2022 and is making a $20 billion in profit (which I'd argue is

And despite that Unitedhealthcare has grown from ~$70 billion revenue in 2007 to $320 billion in 2022 and is making a $20 billion in profit (which I'd argue is a pretty healthy profit). So I guess the health insurers are just working around the system.

nradov 3y ago
You're mixing up UnitedHealthcare with it's parent publicly traded company UnitedHealth Group. They sell other services and technology products unrelated to medical insurance, and those contribute a lot of the net profit. Medical insurance is a high volume, low profit margin business. https://www.sec.gov/ix?doc=/Archives/edgar/data/0000731766/000073176623000008/unh-20221231.htm#i6b660947fab7488cb4d33baca2cb3a37_88 https://www.sec.gov/ix?doc=/Archives/edgar/data/0000731766/0... It is reasonable to criticize insurer profits but overall those are only a small part of much larger systemic problems in the US healthcare system. Even if profit margins were somehow cut to zero that would have only a marginal impact.