No surprise though.

real estate, information services, entertainment, computer services, transportation, etc.

You can increase your Expense Ratio by giving bonuses, higher pay, etc. to Exec's. Hell, why not even add on a private jet, luxurious company cars, etc. You still hit the target 3% for the company, but the CEO, CFO, COO, etc. make out like bandits.

dollars it still wouldn’t change profit percentage that much.

Sure the profit is built in. But what goes in expenses such as obscene salaries, bonuses, shareholder dividends, etc. could go into care of the patient and that WILL have an impact. I should know, I work in the insurance industry and no, I'm not stapling papers together, I've worked in Actuarial, Product on the Pricing side, Distribution and a few other areas.

Now if you want to still argue otherwise, by all means, but it doesn't mean your right. I have enough professional letters behind me to make me confident.

have $2 or $3 maybe $5 more dollars for each person annually. I’d rather have them cutting better deals with hospitals, doctors, monitoring quality, etc.

Until the government gets off its ass and enacts a rational healthcare system, we are stuck with what we have.

I’ve worked/consulted with Medicaid, Medicare, providers, even recommended Georgia go to Medicare/caid for all in 1982. Had to run for my life after the Committee as they called me a socialist.

I worked against insurance companies trying to screw providers too, and handled numerous appeals for denials. If you’ve got the standards of care on your side, it’s relatively easy overturning denials with a little additional info not on a claim form. Now, if it’s a patient/doctor who wants to get facial Botox injections covered under the guise of treating headaches, that’s a bit tougher and not my thing.

With your background, I’m sure you know doctors and other providers do cheat billing, some a lot, some staying under the radar.

You want to defend exec's making more than they should, be my guest. Doctors cheat? Sure, but its not widespread like you're making it out to be. Do insurance companies screw over policy holders? In the Health Ins. they sure do. At P&C carriers, we're so highly regulated if we did what Health Ins. Co's did, people would end up in jail.

We're done here.

Oh I thought you worked for a healthcare insurer. P&C is totally different.

...Keep defending the filthy rich and ignore everything else. Blame the little guy...

a month, bet the services I am allowed to receive went down at least 10%

The only way they can make money is starve the beast

what really happened to helping the sick??? Love of helping the ill??? FAWKING money….. 🤬 🤬 🤬

Has about the same profit margin as most but with a higher denial rate. Dumbfucks. Even the all important shareholders didn't benefit much from their evil fuckery.