3 ms·
All this means is that for insurance companies to maximize their administrative costs they push up the overall price - from their perspective making 10% of $10M
by zdw 1y ago
All this means is that for insurance companies to maximize their administrative costs they push up the overall price - from their perspective making 10% of $10M is way better than 10% of $5M.
- potato3732842 1y agoDrives me up the wall that the same people who can correctly identify when nominal nonprofits like rich people's charity organizations universities or even hospitals are pissing away money on officer salaries, perks, facilities, etc. because "nonprofit" think that somehow being a 10% or X% profit capped organization can't do the same thing with whatever expenses they aren't capped on.