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Health insurance profits have not been a major part of high healthexpenditures in the US because health insurance profits account for much lessthan $.01 per $1..00 of total health expenditures in the US
Health insurance profits have not been a major part of high health
expenditures in the US because health insurance profits account for much less than $.01 per $1..00 of total health expenditures in the US http://preview.tinyurl.com/113j4zEvleths "...Total insurance company profits were $12.87 billion in 2007 and $8.40 billion in 2008. http://www.politifact.com... Total health care spending in the United States was $2.2 trillion in 2007. http://www.kaiseredu.org... Insurance company profits were therefore 0.59% of total health care costs in 2007. Since total costs have been rising at about 6%, the insurance company profits would be about 0.36% of total health care costs in 2008...." |
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