Michael Moore's Latest Target: Your HMO

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Originally Posted by dmek25

ALL insurance companies have big time profit margins. should i start by posting links to the salaries of the ceos? insurance is almost bordering the pyramid schemes, where they want your money, but you play hell getting yours if something happens. if your looking for pity for the mega money insurance giants, your looking the wrong way. and this lies the problem. why should the same procedure have 3 different costs, for 3 different people/ its how they balloon their profits. no one in that business goes hungry. and the lobbyists in Washington are some of the richest, most powerful in the world.

Actually you are wrong. Insurance companies do not make what most people would consider "big time profits" relative to other comparable industries. Compare their profits to pharms and it isn't even close. And CEO salaries are not indicative of huge profits. They are more closely aligned with revenue than with net profits. The cost of doing business as an insurance company is astronomical. What do you think the "managed healthcare" concept was born out of? The need to increase profits to a viable point due to the skyrocketing cost of healthcare. Go ahead and posts the CEOs salaries, they mean nothing.