Healthcare / insurance Blog
Submitted by boball on Wed, 02/17/2010 - 11:15am
For those of you that like charts, graphs and data, the Corporate Research Group has a Healthcare Blog which speaks to the business of healthcare.
I do not know enough to endorse this site, but the discussions and arguments seem rational, and that's all I can say.
-b
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Profit vs. Profit Margin
This article does have a good point in that it makes a distinction between profit and profit margins for the major insurance companies. However, I think it is wrong to compare the insurance companies with other large industries in this regard. Billions in profit (even if it only relates to a 5% margin) is STILL billions in profit that is being realized on the backs of folks that, in many instances, struggle to pay premiums and co-pays and deductibles.
That is not the case when we talk about other major business sectors in the U.S.