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Politics : The Trump Presidency
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To: Lane3 who wrote (22228)6/21/2017 1:04:42 PM
From: denizen48  Read Replies (1) of 363233
 
Of course US insurance companies only show 3% profit. That's the profit I would show if I had to pay income tax on it. The real profit is sucked up by excessive salaries, and lobbyists , who wrote the ACA.

Japan requires all their insurance companies to pay at least 80% of their premium intake back on their customers. Here they created a little exemption for those who provide healthcare. So the insurance companies bought themselves some doctor practices.

Blue Cross Blue Shield figured out that it was cheaper to litigate with lawyers than to pay their doctors bills.

3% my ass!
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