[Don Corleone]

despite its parent company having made almost $5 billion in profits in 2009.

Insurance companies have one of the lowest rates of return of almost all industries.

[DrC]

“Insurance companies have one of the lowest rates of return of almost all industries.”

Moreover, WellPoint/Anthem covers 35 million lives, so its profits amount to $142 per subscriber. Which is to say that if you eliminated their profits, you could give them each back $12 a month, i.e., less than 50 cents a day. Not an amount that is likely to make health insurance magically affordable to those who claim they can’t now afford. And if you eliminated their profits, how long do you think these private health insurance companies would stay in the business?

[tx_eggman]

despite its parent company having made almost $5 billion in profits in 2009.

Insurance companies have one of the lowest rates of return of almost all industries.

$5 billion ... Bambi and Company piss that much away before breakfast ---- EVERY DAY