Re:Your New Medical Credit Score Could Deny You Care
by lotsofpulp on Thursday February 06, 2020 @01:12PM
(#22258522)
> 20% is a lot when we're talking about these outrageous numbers.
It’s not 20% net income, it’s 80% of premiums have to be paid out to healthcare providers. There’s still all the costs of operating the insurance organization, and financials of publicly listed health insurance companies show net income in the 3% to 6% range.
It’s not 20% net income, it’s 80% of premiums have to be paid out to healthcare providers. There’s still all the costs of operating the insurance organization, and financials of publicly listed health insurance companies show net income in the 3% to 6% range.