Thread: coming soon
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bpuharic bpuharic is offline
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First recorded activity by BoatBanter: Dec 2009
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Default coming soon
On Thu, 25 Mar 2010 14:40:26 -0400, wrote:




This is no big secret, they are publicly traded companies.
The profit margin for insurance companies is in the 3-4% range. That
is far less than the fraud and abuse rate in government programs.
It is also lower that the medical conglomerates and pharmaceutical
companies that just got a huge stimulus.

and 30% of their revenue is for administrative costs

vs less than 10% for govt programs


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