Aug 21, 2009 by nostradamus02012 | Posted in Politics

consider the following Harper's Index facts:

Percentage change since 2002 in average premiums paid to large US health-insurance companies: +87%

Percentage change in the profits of the top ten insurance companies: +428%

I guess so. I thought so but with this information - even if there are errors - there are errors - it's still evident that something needs to be done. Should we allow companies to make $$ off of sick and dying people? A lot of the costs come at the end

Jul 31, 2009 by Vanessa | Posted in Other - Society & Culture

for medical bills. I was shocked! look it up it is on Forbes 400 under health insurance. Advertising takes a bigger bite of 20% for the TV spots, those flyer's you get in the mail. Advertising isn't cheap.
Then it said the CEO's at the top

You have totally inaccurate information. Read the papers just today, the insurance industry averages less than 2.5% profit, the rest being paid out to medical suppliers. The average for industry in general is 5%.
As a former business manager at

Oct 26, 2009 by Professional Hater | Posted in Politics

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.

Profits barely exceeded 2 percent

Insurance companies are moral and ethical. They sell a product that under ideal conditions should never be used. The purpose of insurance is to distribute a loss over a pool of like mined individuals. Think of you policy as a bet --- I am betting $100/month