Re: Want to know why? - Saab NG900 & OG9-3 Bulletin Board - Saabnet.com
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Re: Want to know why?
Posted by jimbobjoe [Email] (more from jimbobjoe) on Thu, 26 Dec 2002 18:13:59
In Reply to: Re: Want to know why?, officeboy, Thu, 26 Dec 2002 13:11:14
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You'll find that the HMO profits are actually illusionary--HMO's bleed money, and they have for the past three years, at least. The so called profits for right now are being saved due to changes in capital reserve requirements (not sure what that's all about either.) So essentially, yeah, it's 186% from nothing. A yahoo.com article talked about profits *industry-wide* of less than 700 million. That's not a lot in an industry which takes up 15-20% of GDP.
posted by 172.143....
Posts in this Thread:
- Anybody else getting jacked up insurance rates?, Mr. Science, Wed, 25 Dec 2002 22:43:24
- In California, the insurance rates ballooned last year., J, Thu, 26 Dec 2002 13:58:01
- Re: Anybody else getting jacked up insurance rates?, Greg Netzner, Thu, 26 Dec 2002 13:51:26
- Re: Anybody else getting jacked up insurance rates?, jimbobjoe, Thu, 26 Dec 2002 00:35:57
- Re: Anybody else getting jacked up insurance rates?, TG, Wed, 25 Dec 2002 23:53:51
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