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Re:Insurers Rely on Doctors Whose Judgments Have Been Critic... by Workaccount2 on Monday December 30, 2024 @11:39AM (#42550858)
The tragedy at the heart of this "hate health insurance companies" is that they aren't even very profitable businesses. Their margins are actually below average, and pretty poor investments compared to things like tech and finance.
Re:Insurers Rely on Doctors Whose Judgments Have Been Critic... by kevinob11 on Monday December 30, 2024 @12:15PM (#42551251)
Tragedy?
Re:Insurers Rely on Doctors Whose Judgments Have Been Critic... by ceejayoz on Monday December 30, 2024 @11:51AM (#42551004)
Walmart has low margins, too. Still a very profitable business, because the raw revenue numbers are so huge. The same applies to health insurance.
Re:Insurers Rely on Doctors Whose Judgments Have Been Critic... by Workaccount2 on Monday December 30, 2024 @12:04PM (#42551143)
Right, but with a low profit margin you get stagnation and monopolies.

No one is looking at absolute raw numbers, investors/owners usually only own small slices, so they care about what percentage return they get.