Snails - Response on Threads

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AttyPops

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Jul 8, 2010
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yup! providing, i'm sure, very healthy profits for the insurers :lol:

It's interesting. I know many insurance companies make money on investing their premiums. So they talk about ratios like paying out $1.01 for every dollar that they take in. Basically, they have to insure A LOT of people and invest the $$$. The rest is statistics and random chances. IDK about healthcare specifically though. That's more car insurance and house and stuff.

For health.....maybe a built in profit margin. I'm not too sure about the whole "negotiating" things...prices and such for supplies and pharma. There's got to be some funny stuff going on there, but that's a guess/suspicion on my part. I have no knowledge, I admit.
 
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