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And Now, the Blame Game

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jamesfirecat1/20/2010 12:31:45 pm PST

re: #725 subsailor68

Hi jamesfirecat! Sorry about jumping in here, but you may not be able to squeeze health insurance companies very much either. There’s a lot of anger at the prices, but these companies have pretty slim profit margins

Fact Check: Health insurer profits not so fat

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.

Not sure what the answer to the overall problem with health care is, but there’s not much wiggle room here it appears.

Huh, well like I said I stand by my ideas that the government needs to be more involved with Healthcare than other goods because healthcare has no natural market price. That may mean we need a top price that gets adjusted every so often…

But clearly the unqiue nature of the good means that we need to make sure people aren’t taking advantage of that nature to screw over the average person…