[New post] Reality of health insurance

rdquinn posted: " I was listening to a radio show, the topic was health insurance company profits. The reporter noted that following COVID there was a surge in delayed healthcare procedures thereby filling an insurance company's coffers with profits. Wrong! Health " QUINNSCOMMENTARY Reality of health insurance rdquinn Jul 26 I was listening to a radio show, the topic was health insurance company profits. The reporter noted that following COVID there was a surge in delayed healthcare procedures thereby filling an insurance company's coffers with profits. Wrong! Health insurance companies do not make money when you use health care. They make money by selling more policies with a profit from each policy sold representing the difference between the premium income and all claim payments and other expenses ORthey act as a fixed fee claim administrator for large avemployer self-insured benefit plans and thus have no profit or loss risk for claims. So, what do health insurance companies actually earn? Here are net profit margins for some major corporations in different industries. Which one represents health insurance companies? 3.8% 3-5% 25.48% 13.58% 10.0% 15.53% Comment Like You can also reply to this email to leave a comment. Unsubscribe to no longer receive posts from QUINNSCOMMENTARY. Change your email settings at manage subscriptions. Trouble clicking? Copy and paste this URL into your browser: http://quinnscommentary.net/2023/07/26/reality-of-health-insurance/

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