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Just how profitable do you think health insurers are, relative to, say, McDonald's?
by twoodfin 14y ago
Just how profitable do you think health insurers are, relative to, say, McDonald's?
- muhfuhkuh 14y agoJust to compare apples to insurance here, the largest pure auto insurer (progressive) maintains ~5-6% profit margins according to filings, whereas Wellpoint one of the largest insurers in healthcare maintains a 7% margin.
- VLM 14y agoThere's more to "the system" than just insurers. The large number of middlemen all extracting a profit is one of the many problems. Don't forget overhead and their middlemen, all the way back to med school tuition...