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Originally Posted by Pooka
And no... Health Insurers are not Profitable... there margin is below 3%
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If my company only makes $100,000 a year, yea 3% is not much. But if my company makes $100,000,000,000 a year 3% can be a chunk of change given that gives them quite a bit of leeway to do what they want with it. Take this example:
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Cigna's profits rose seven percent last year, you had more than $18 billion in revenue, your predecessor left with $110 million retirement package....
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