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Health insurer profits not as fat as Dems claim (Oh Really? What else do the Rats lie about?)

October 25th, 2009 by MSNBC Filed under Featured, Feeds, Free Republic, Politics.[1 views]
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. In the health care debate, Democrats and their allies have gone after insurance companies as rapacious profiteers making "immoral" and "obscene" returns while "the bodies pile up." Ledgers tell a different reality. Health insurance profit margins typically run about 6 percent, give or take a point or two. That's anemic compared with other forms of insurance and a broad array of industries, even some beleaguered ones.

Original Article: Forum: News/Activism

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