Re:US Cities Are Paying Too Much for New Transit Buses
by msandford on Friday September 26, 2025 @11:33PM
(#45393034)
The insurers are legally obligated to pay out 80-95% of their premiums for treatment. So the only way to grow profits is to spend 2x and much and charge 2x as much. Sure you only make the same 5-20% margin, but it's on 2x the revenue so it's 2x the gross profits.
[ Parent
| on HN ]
There are no comments on this comment yet.