What do these enterprises have in common? Book Publishing, Waste Management, Pollution & Treatment controls, Restaurants, Railroads, Cleaning Product manufacturers, Wholesale Auto Parts Sales and Education & Training Svcs? Answer: They're all MORE profitable than the health insurance industry. The health insurance industry ranks 86th among sectors for profit margin at an average of 3.3% profit. (click link for a list of the top 86) http://ift.tt/1fR2QiY Not exactly the picture being painted by liberal Democrats... "I'm very pleased that (Democratic leaders) will be talking, too, about the immoral profits being made by the insurance industry and how those profits have increased in the Bush years." - House Speaker Nancy Pelosi, D-Calif., who also welcomed the attention being drawn to insurers' "obscene profits." "Keeping the status quo may be what the insurance industry wants their premiums have more than doubled in the last decade and their profits have skyrocketed." - Maryland Rep. Chris Van Hollen, member of the Democratic leadership. "Health insurance companies are willing to let the bodies pile up as long as their profits are safe." - A MoveOn.org ad. LIES!! Someone please explain to me how ranking 86th in profit margin and making an average of 3.3% is "immoral"? (see above link) How can an insurance company possibly LOWER their prices for individuals and continue to stay in business when they rely on HUGE volume to offset the relatively small profit margin? Does it make ANY sense at all for them to risk bankrupcy to save each individual 1-2%? No it doesn't. The REAL problem is the high cost of care and medical services FORCE insurance companies to charge what they do and ObamaCare does NOTHING to solve that root problem, but actually makes it WORSE by increasing the number of subsidized citizens. Let me ask you this... What is the ONLY branch of medicine that has DECREASED in cost and INCREASED in quality over the last 30 years? Plastic surgery. And it isn't a coincidence that plastic surgery isn't covered by insurance, which FORCES doctors to compete with each other, keeping the cost down and the quality up. The exact OPPOSITE of that is the gov't subsidizing insurance companies. If your goal is to keep costs down, you shouldn't be cheering for lower consumer prices through gov't subsidies because the more people are subsidized, the higher the overall cost. The higher the overall cost, the more people need to be subsidized. The more people that need to be subsidized, the more gov't has to tax. And the downward spiral continues.... The problem with the free market system is, while it is the best system for self-regulation and long-term success, it isn't, and never claimed to be perfect and DOES leave some people behind. But people who advocate for a socialized system operate under the false pretense that a social system has the ability to be a perfect system. The problem is, once you introduce politics into the equation, all of the natural checks and balances of the free market disappear and are controlled by individual people who, will most certainly make well intended mistakes, misjudgements and miscalculations BEFORE becoming corrupt to the core and sucking the system dry in the end. Life at the community level or greater is NEVER about absolute solutions, it's about trade-offs. Opportunity cost vs opportunity benefit. Anybody who believes otherwise is an idealogue and idealogical ideas NEVER apply well in free societies. They are just attempts at solving the inherent flaws with freedom. From a gov't perspective, the problem with freedom is that people will always do what they think is best for themselves, not what the gov't thinks is best for them, which is why idealogical ideas always fail on any moderately long time scale in a free nation. This is no exception.



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How much profit do Insurance Companies REALLY make?

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