03-18-2010, 12:16 PM
Quote:Like the big health insurance companies which are by and large non-profit corporations now, and those that are for profit can hardly stay solvent.This is slightly exaggerated (3.3% profits on a very large industry is not "non-profit"), but the sense of it is true: health insurance companies are not making high profits. The argument for getting around them is that they are inefficient parasites on health care provision, not that they are making massive profits.
The pharmaceutical companies, on the other hand, are making a killing.
-Jester