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ProfessorGAC

(70,619 posts)
19. Agree, Mostly
Fri Dec 6, 2024, 08:53 AM
Dec 6

But, UHC had almost $390 billion in revenue with under $304 billion cost of revenue.
That's a 28% margin. I'm not willing to call that a tight margin. After SG&A, they still had a 10% total margin. That, of course, includes all depreciation which is a legitimate expense, but doesn't involve cash.
So, they were "harming the polticians' constituents" to lower the cost when they were already running on reasonably strong margins.
The margins don't appear to be the motivation. More likely, we can pin it on competitive greed.

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Ask them if they'll support universal healthcare without private insurers. If they will, we have an opening. Silent Type Dec 6 #1
The middle ground would be soandso Dec 6 #11
Totally agree on Public Option, although don't see it happening even if we held Presidency and both chamber of Congress. Silent Type Dec 6 #21
LOL LeftInTX Dec 6 #2
Does freeperville still look like it's in the 90s? sakabatou Dec 6 #3
yep, inbred and backward Shellback Squid Dec 6 #4
And with all the donathions, you'd think the site would update. sakabatou Dec 6 #5
Looks like his death might be doing more to "unite" the nation than anything else lately. Think. Again. Dec 6 #6
yeah BlueWaveNeverEnd Dec 6 #7
THIS malaise Dec 6 #20
But MFA is socialism so we can't even contemplate that BeyondGeography Dec 6 #8
I hope his admittance to the E.R. was challenged by his insurance company. Cne99999 Dec 6 #9
Oh, that's funny about DU! soandso Dec 6 #10
It looks like the general public is not going to shut up and march obediently to their graves. GreenWave Dec 6 #12
Do you think the politicians soandso Dec 6 #13
They should Dorian Gray Dec 6 #16
Agree, Mostly ProfessorGAC Dec 6 #19
It is a netwide phenomenon so far jfz9580m Dec 6 #23
Most bipartisan murder in quite awhile LoveSucky Dec 6 #14
It seems to me Dorian Gray Dec 6 #15
They finally discovered Predatory Capitalism. Emile Dec 6 #17
i've made/shared the joke many times- mopinko Dec 6 #18
Lots of folks here can now bathe in the warm glow TheProle Dec 6 #22
It is not a topic I would have expected sarisataka Dec 6 #24
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