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Old 10-18-2009 | 08:51 AM
  #20  
E6-B
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Joined: Mar 2007
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The problem is health care is not free. There is always a cost involved. And in the case of the health insurance, premiums have been going up steadily by 10% per year for the last 10-15 years. That's WAY above inflation. But before we go blaming the insurance companies for greed and selfishness, we have to realized that they only make a 5-7% margin. Apple makes 50%, just to put things in perspective. A 10-15% profit margin is considered reasonable. So the health insurance companies are not at fault for the increases, and ASA/SkyWest and other companies trying to save a few bucks are also victims.
Awwww poor lil' insurance companies. I guess I should feel bad for them when they deny people treatment for cancer and other things for BS reasons. Not to mention you're comparing a computer company to an insurance company two totally different things. But I guess when I think about people getting bankrupted by health insurance costs I know it will be for the greater good so some exec can get a new Ferrari because they were able to boost their margins.
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