From what I hear on Limbaugh insurance companies are not making outlandish profits. The are making 3-4-5% return on capital so I hear. Am I wrong here? I don’t even like insurance companies in general
If the Feds take it over they will introduce inefficiencies that will put on a drag of 10-20%
RE: “From what I hear on Limbaugh insurance companies are not making outlandish profits. The are making 3-4-5% return on capital so I hear. Am I wrong here? I dont even like insurance companies in general
If the Feds take it over they will introduce inefficiencies that will put on a drag of 10-20%”
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I worked for a couple of the largest health insurers and I don’t like them either, but you are absolutely correct in what you said in your second paragraph: federal involvement insures massive inefficiencies well beyond what already exists.