Sunday, November 1, 2009
This is just a quick link to follow -- an "aside." These are links to interesting things that, for one reason or another, I didn't place into a full posting. Click the link to visit the full article. Go to the blog index for a regular listing of posts.
Jeff Jacoby: Hyperbole in the health debate - 'TWO THINGS supporters of a government-run "public option" for health insurance know for sure. One is that private health insurers are raking in obscenely high profits. The other is that only a government rival can force them to compete on price...For all the impassioned talk about obscene profits and bodies piling up, reports AP's Calvin Woodward, "health insurance profit margins typically run about 6 percent" of revenue, a return "that's anemic compared with other forms of insurance and a broad array of industries." On the Fortune 500 list of top industries, health insurance companies ranked 35th in profitability in 2008; their overall profit margin was a mere 2.2 percent...'
