Health insurer profits not as fat as Dems claim

[TheGodfather]

http://www.msnbc.msn.com/id/33470129/ns ... rm/from/ET

In the health care debate, Democrats and their allies have gone after insurance companies as rapacious profiteers making "immoral" and "obscene" returns while "the bodies pile up."

Ledgers tell a different reality. 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.

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Health insurers posted a 2.2 percent profit margin last year, placing them 35th on the Fortune 500 list of top industries. As is typical, other health sectors did much better — drugs and medical products and services were both in the top 10.

*Cough*Obama's a LIAR*Cough

[zephyp]

Why be surreptitious about it?

HEY OBAMA, YOU LIE !!!!!!!!

[TheGodfather]

Oh, I've been pretty loud about it. See me below holding the "Fire Congress" sign.

[zephyp]

Oh, I've been pretty loud about it. See me below holding the "Fire Congress" sign.

Good deal. Great minds think alike. I'm hoping for a complete house cleaning in 2010. Every single one of them...