Have any of you really checked into the amount of condition insurance profits?
It's pretty meager. I wouldn't by their stock. Your auto insurance, grocery store, Yahoo inc. all have instrument higher margins.
Answers:
I reflect you fail to realize that profits are counted AFTER expenses which include exhorbitant Executive salaries and bonuses.
Example, if I be a sole proprietor and my company made $1 Million in revenue BUT I paid myself $1.5 Million a year, my company is operating at a loss. See how "Creative Accounting" works...Not-for-profits do the SAME article?
Yep. The problem is not the Insurance companies as people would suggest. Its the in reality cost of the medical care that is the issue. People only just seem to expect an insurance companies to pay anything the cost is of a procedure.
My Auto insurance has a fixed dollar amount they will pay base on the premium amounts I pay , why is medical insurance any different
Zap and your company would not even be in business
AIG have higher profit margins
Yup it's only 2.5 percent and the 14 largest companies only profited a meager 600 billion dollars within 2008.
http://money.cnn.com/magazines/fortune/f…
Sounds like they may go lower than anyday.
Yes. And they are actually comparatively high.
FACT - Insurance companies in the USA grant to pushing up prices, buying politicians and not paying out claims when they should [a]
FACT - PER PERSON the USA spends more on healthcare than any other nation on the planet [b]
FACT - Obama debated his plans before the see for healthcare [c]
FACT - the chance of a child under five of dying contained by the USA is greater than industrialised nations with broad-spectrum health coverage [d]
FACT - Obama was elected by the American family to bring in change [e]
FACT - Obama requirements to stop insurance companies screwing the American people [f]
FACT - The reform Obama wants work in the Netherlands and surrounded by Switzerland [g]
If anyone can prove the facts above are wrong, e-mail me and let me know. Source(s): [a] http://www.guardian.co.uk/world/2009/jul…
[b] http://www.economist.com/displaystory.cf…
[c] http://www.youtube.com/watch?v=erspfMkqL…
[d] http://www.unicef.org.uk/campaigns/publi…
[e] http://news.bbc.co.uk/1/hi/world/america…
[f] http://news.bbc.co.uk/1/hi/world/america…
[g] http://www.commonwealthfund.org/Content/…
John Kerrys profit margin exceeds form insurance as well and he sells ketchup
take a look at what they own. Business is the art of carefully hiding profits.
i guess grocery stores are next on obama's hit account
Yes.
They range from 2.5-6% which would be unacceptable surrounded by any other corporation or field.
I don't devise anyone should profit from another's sickness. Single payer is the only way to budge.
Related Questions:
Answers:
I reflect you fail to realize that profits are counted AFTER expenses which include exhorbitant Executive salaries and bonuses.
Example, if I be a sole proprietor and my company made $1 Million in revenue BUT I paid myself $1.5 Million a year, my company is operating at a loss. See how "Creative Accounting" works...Not-for-profits do the SAME article?
Yep. The problem is not the Insurance companies as people would suggest. Its the in reality cost of the medical care that is the issue. People only just seem to expect an insurance companies to pay anything the cost is of a procedure.
My Auto insurance has a fixed dollar amount they will pay base on the premium amounts I pay , why is medical insurance any different
Zap and your company would not even be in business
AIG have higher profit margins
Yup it's only 2.5 percent and the 14 largest companies only profited a meager 600 billion dollars within 2008.
http://money.cnn.com/magazines/fortune/f…
Sounds like they may go lower than anyday.
Yes. And they are actually comparatively high.
FACT - Insurance companies in the USA grant to pushing up prices, buying politicians and not paying out claims when they should [a]
FACT - PER PERSON the USA spends more on healthcare than any other nation on the planet [b]
FACT - Obama debated his plans before the see for healthcare [c]
FACT - the chance of a child under five of dying contained by the USA is greater than industrialised nations with broad-spectrum health coverage [d]
FACT - Obama was elected by the American family to bring in change [e]
FACT - Obama requirements to stop insurance companies screwing the American people [f]
FACT - The reform Obama wants work in the Netherlands and surrounded by Switzerland [g]
If anyone can prove the facts above are wrong, e-mail me and let me know. Source(s): [a] http://www.guardian.co.uk/world/2009/jul…
[b] http://www.economist.com/displaystory.cf…
[c] http://www.youtube.com/watch?v=erspfMkqL…
[d] http://www.unicef.org.uk/campaigns/publi…
[e] http://news.bbc.co.uk/1/hi/world/america…
[f] http://news.bbc.co.uk/1/hi/world/america…
[g] http://www.commonwealthfund.org/Content/…
John Kerrys profit margin exceeds form insurance as well and he sells ketchup
take a look at what they own. Business is the art of carefully hiding profits.
i guess grocery stores are next on obama's hit account
Yes.
They range from 2.5-6% which would be unacceptable surrounded by any other corporation or field.
I don't devise anyone should profit from another's sickness. Single payer is the only way to budge.
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