Profit margins are anemic compared with a variety of industries
Dose of reality
WASHINGTON - Quick quiz: What do these enterprises have in common? Farm and construction machinery, Tupperware, the railroads, Hershey sweets, Yum food brands and Yahoo? Answer: They're all more profitable than the health insurance industry.
Asked by Anonymous at 4:01 PM on Oct. 25, 2009 in Politics & Current Events
Why is it so bad to make a profit for goodness sake?!!! The insurance companies make a profit from your car insurance, your health insurance, your home owners insurance, your life insurance, and any other insurance you choose to have or are required by the state to have (car insurance). The HAVE to make a profit or they would not be able to stay in business. You don't mind that profit when you invest in them and they send you a dividend check. Please stop blaming the insurance companies. It is a red herring thrown out by the liberals to get you fired up so you will march mindlessly towards a more socialistic society. Poor stupid sheep.
Answer by jesse123456 at 7:16 PM on Oct. 25, 2009
Answer by Anonymous at 4:02 PM on Oct. 25, 2009
Answer by Anonymous at 4:09 PM on Oct. 25, 2009
Answer by Anonymous at 4:10 PM on Oct. 25, 2009
Answer by TiffanyMarie80 at 4:18 PM on Oct. 25, 2009
If MSNBC says it, it must be true. Even they think the Democrats in power "misrepresented" the facts. LOL
Answer by Anonymous at 4:22 PM on Oct. 25, 2009
Answer by mancosmomma at 4:25 PM on Oct. 25, 2009
Having worked for a large health ins company and seen the parting gifts they give to execs I find that hard to believe but suppose it's possible. The ones who really rake it in are Big Pharma, second only to Big Oil.
I'm not a fan of the current legislation but know that we need reform, soon.
Answer by Friday at 4:36 PM on Oct. 25, 2009
Answer by LiliM at 4:59 PM on Oct. 25, 2009
Answer by mancosmomma at 5:05 PM on Oct. 25, 2009
Next question overall
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