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Politics : View from the Center and Left

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To: TimF who wrote (58712)	4/11/2008 7:39:55 PM
From: Cogito	Read Replies (1) of 542681

>>I think we should hesitate before "having no doubt" about the effects of changes to very complex systems. For one thing most insurance companies don't have a 15% profit margin, let alone a margin that is large enough to not just equal 15% of their revenue but 15% of all health care costs (which would require a much larger than 15% margin).<< Tim - Insurance companies don't have to have a profit margin of 15% to add that amount to the cost of healthcare. Their administrative overhead and other costs are also incremental. - Allen

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