Health insurers posted a 2.2 percent profit margin last year, placing them 35th of 53 industries on the Fortune 500 list. As is typical, other health sectors did much better — drugs and medical products and services were both in the top 10.
The railroads brought in a 12.6 percent profit margin. Leading the list: network and other communications equipment, at 20.4 percent.
HealthSpring, the best performer in the health insurance industry, posted 5.4 percent. That's a less profitable margin than was achieved by the makers of Tupperware, Clorox bleach and Molson and Coors beers.
I think the government needs to form their own network equipment company to "keep Cisco honest." The argument is so bogus that many people see right through it. The more I look at it the more I think the government just wants to control health care for some nefarious purpose. Maybe this all an elaborate plot to get Glenn Beck's medical records in order to "destroy him." After all that is the Chicago Way.
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