Health insurance company profits

[ImnoMensa]

Originally Posted by bcp

doesnt matter to the magic one. By extending the start date to a time that he will be out of office, he also extends the blame for mis-management.
thus, when it fails, and it will, he can point and say, what I had would have worked, what He (whoever gets stuck) did caused it to fail.

see? he keeps his promise, but get out of all blame for what it brings.

LOL you guys have the Obama camouflage down pat.

Too bad the rest of the world cant figure it out until they get hit with the bill.

[BadGirl (Premo)]

Originally Posted by ImnoMensa

LOL you guys have the Obama camouflage down pat.

Too bad the rest of the world cant figure it out until they get hit with the bill.

Maybe the Republicans should call his bluff,,

There are 40 MILLION people without insurance today, they can't afford to wait seven years, make it law TODAY! Since there won't be any deficit spending on the program, AND you say it actually save money why wait? Make it law, and make it effective tomorrow.

[EmptyTimCup]

Originally Posted by Tilted

The simple focus of my query - what was the aggregate net profit margin of those companies in 2008?

The answer: 3.05%

Hmmm even less that OIL Companies .....



but but but ....

For 2007, the total profit was $17.4 Billion

17 billion will provide free clinics for lots or poor

[Larry Gude (Premo)]

Originally Posted by Tilted

Does my survey create a perfect representation of reality? No, but crude though it is, the methodology is good enough, and it is comprehensive enough, to give me a general, and I think fair, answer to the question I was interested in. The notion that health insurance company profits are excessive, or that they exploit Americans and drive up health care costs unnecessarily, is balderdash. If you want to be more technical, it's poppycock.

This is yet another reason the GOP deserves to become extinct; they are not willing or capable of making the simplest of points. They sat on their little fingers all through the campaign while Obama and the rest of the avowed socialists threatened to get those nasty oil companies and windfall tax their dirty profits, profits of something under 10%, a number well under the total government take on a gallon of gasoline in taxes.

And now, it happens again. I have yet to hear a single pol ask the simple question; If Obama does what he says he will do, reduce cots, what happens to all that money he claims will be 'saved'? Will the insurance companies just have less cash in those giant corporate swimming pools buried under their castles? Will they actually have to start buying toilet paper and charcoal instead of using $100 bills?

Or, will they cut costs and services and JOBS in the never ending struggle to remain...PROFITABLE?

It is a no brainer that MORE competition begets better quality and service. However, that is not now nor ever was the goal of the America left. If it was, they would break down the barriers protecting insurance companies, political barriers, and grab some popcorn, watch the market do it's thing and take credit, all due credit, for making the situation better.

As it is, the GOP is allowing yet another point go by the way side; the LAST thing socialized medicine is going to do is make ANYTHING cheaper or better. It will simply bludgeon the market place, put of the illusion of containing costs and, like every other market government has EVER been involved in, pass the real costs to the people on somewhere else.

It's little wonder radio talk shows and right wing authors have to carry the GOP; it's filled with people who can't, or won't, do the job.

[Larry Gude (Premo)]

Originally Posted by BadGirl

Maybe the Republicans should call his bluff,,

There are 40 MILLION people without insurance today, they can't afford to wait seven years, make it law TODAY! Since there won't be any deficit spending on the program, AND you say it actually save money why wait? Make it law, and make it effective tomorrow.

Calling an opponents bluff. Especially when you know the cards they are holding. Seems like a relatively good idea? Maybe the GOP will form a study group and consider the possibilities and get back to us in a decade or three?

Or just let radio people and writers think for them.

[vraiblonde]

Originally Posted by BadGirl

Maybe the Republicans should call his bluff,,

There are 40 MILLION people without insurance today, they can't afford to wait seven years, make it law TODAY! Since there won't be any deficit spending on the program, AND you say it actually save money why wait? Make it law, and make it effective tomorrow.

Surely your not suggesting that the current administration be held responsible for their financial decisions?

[EmptyTimCup]

Originally Posted by Larry Gude

They sat on their little fingers all through the campaign while Obama and the rest of the avowed socialists threatened to get those nasty oil companies and windfall tax their dirty profits, profits of something under 10%, a number well under the total government take on a gallon of gasoline in taxes.

I researched this when gas was 4 buck a gal.


Oil Companies make about a nickel a gallon profit on gas ..... it is because Americans consume so much, are profits high


I have had people tell me a nickel was too much profit ....