3 ms·

A quick search shows they made more than 40 billion dollars in profit last year. That seems immense to me.

• Wytwwww 3y ago
  > That seems immense to me. From an emotional perspective sure. Their revenue is more than 1 trillion, so while less than 4% lower prices would be nice it wouldn't really fundamentally change anything.
  • wh0knows 3y ago
    Profit can be manipulated. Creating a giant bureaucracy of overpaid administrators and middlemen can siphon off any amount of money while declaring no profit.
    • Wytwwww 3y ago
      > Profit can be manipulated You mean costs can be inflated? Yes, the American healthcare system is extremely inefficient but that doesn't help the shareholders of those insurance companies at all.
      • wh0knows 3y ago
        Yes, I mean the amount that the cost is inflated by is much greater than 4%.