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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



 
 
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Old April 23rd, 2010, 05:39 PM posted to alt.activism.death-penalty,uk.politics.misc,soc.retirement,rec.travel.europe,aus.politics
Tis Odonovan, Himself
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Default 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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