@Hishikawa13: I'm not saying that Money > life, I'm saying that money is life. This money goes into medical research which saves many, many lives. It's funny you mention mysterious sicknesses, because mysterious illnesses kill because of low profit margins. I am saying that if we spend too much we will all be in trouble. It is painfully obvious that insurance companies cannot afford this, because they would not have dropped these patients otherwise. They are for-profit, so their meansly 2-3% profit margin is needed to maintain their operations.
And the insurance industry has one of the lowest profit margins in the health industry. Here are some numberzzz.
Amgen (biotechnology): Profit margin, 30.6 percent
Gilead Sciences (biotechnology): 37.6 percent
Celgene Corp. (biotechnology): 11.9 percent
Johnson & Johnson (drug manufacturer): 20.8 percent
Pfizer (drug manufacturer): 16.3 percent
GlaxoSmithKline (drug manufacturer): 17.4 percent
Unitedhealth Group (healthcare plans): 4.1 percent
WellPoint (healthcare plans): 4 percent
Aetna (healthcare plans): 3.9 percent
MedcoHealth Solutions (healthcare services): 2.1 percent
Express Scripts (healthcare services): 3.7 percent
Quest Diagnostics (healthcare services): 8.7 percent
Medtronic (medical equipment): 14.9 percent
Baxter International (medical equipment): 17.5 percent
Covidien (medical equipment): 12.3 percent
By the way, I re-read the source and it says that the median was 2%, so 3% was just one instance.
If you actually want quality healthcare you actually have to pay for it. Otherwise, health care will be low quality. There is no free healthcare.
and lose money? lol? I'd rather leave the business and get a job at home depot than run a charity operation which loses money.
And my point with the Jeremiah Wright quote is that the government should be scrutinized, not blindly trusted.
And the insurance industry has one of the lowest profit margins in the health industry. Here are some numberzzz.
Amgen (biotechnology): Profit margin, 30.6 percent
Gilead Sciences (biotechnology): 37.6 percent
Celgene Corp. (biotechnology): 11.9 percent
Johnson & Johnson (drug manufacturer): 20.8 percent
Pfizer (drug manufacturer): 16.3 percent
GlaxoSmithKline (drug manufacturer): 17.4 percent
Unitedhealth Group (healthcare plans): 4.1 percent
WellPoint (healthcare plans): 4 percent
Aetna (healthcare plans): 3.9 percent
MedcoHealth Solutions (healthcare services): 2.1 percent
Express Scripts (healthcare services): 3.7 percent
Quest Diagnostics (healthcare services): 8.7 percent
Medtronic (medical equipment): 14.9 percent
Baxter International (medical equipment): 17.5 percent
Covidien (medical equipment): 12.3 percent
By the way, I re-read the source and it says that the median was 2%, so 3% was just one instance.
If you actually want quality healthcare you actually have to pay for it. Otherwise, health care will be low quality. There is no free healthcare.
and lose money? lol? I'd rather leave the business and get a job at home depot than run a charity operation which loses money.
And my point with the Jeremiah Wright quote is that the government should be scrutinized, not blindly trusted.







