View Single Post
  #67  
Old 11-19-2017, 10:41 PM
KevWind's Avatar
KevWind KevWind is offline
Charter Member
 
Join Date: Apr 2008
Location: Edge of Wilderness Wyoming
Posts: 19,987
Default

Quote:
Originally Posted by Hoyt View Post
Not really true in health insurance. The premium dollars are paid out fairly quickly for medical benefits, Admin including advertising, etc., unlike life insurance, some casualty insurance, etc. A relatively small percentage is left over as "profit" which might be invested.
I suppose it depends on what one means by "relatively" small but ...to put it into perspective United Health Care reported 10.3 billion profit on revenues of 130.5 billion for 2014 about 7.8% almost exactly the same profit percentage Exxon Mobile reported in 2014
__________________
Enjoy the Journey.... Kev...

KevWind at Soundcloud

KevWind at YouYube
https://www.youtube.com/playlist?lis...EZxkPKyieOTgRD

System :
Studio system Avid Carbon interface , PT Ultimate 2023.12 -Mid 2020 iMac 27" 3.8GHz 8-core i7 10th Gen ,, Ventura 13.2.1

Mobile MBP M1 Pro , PT Ultimate 2024.3 Sonoma 14.4

Last edited by KevWind; 11-19-2017 at 10:52 PM.