We get 80% behind upon each dollar which we send them upon the average. They can’t imitation money.
Would we call which the correct investment?
Your ignoring the administration department costs.
This isn’t an conflict upon word companies. it is the subject of because people gamble opposite themselves.
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You don’t get 20% back from what you spend in Taxes. How is that a good deal? The insurance companies only make 2% profit margin. Your cable company is making a 70% profit margin. you want to go after someone, go after them.
Yes, they make a profit of about 3.3 %. Not a great profit but considering all they insure, it works out quite well. Now we waste in fraud, waste and abuse, 33% on Medicare, a number both sides agree on, I would say that the insurance companies are then about 13 % more efficient and they make a profit, where there is no such profit in the government health care.
The average profit margin of a hc company in the US is 3.4%.
The average overhead government bureaus is 5-20% (depending on the bureau).
The numbers you give are entirely false.
You are a pathetic LIAR.
Profits in the health insurance industry aren’t a problem. Administrative costs are, especially considering that classic Medicare runs with about a 3% administrative cost. That seems a high price to pay for diversity in policies that pretty obviously doesn’t have a huge impact on affordability.