Monday, October 26, 2009

Those evil obscene profit health insurers

A Democrat boogieman myth. AP finally reports (albeit on a Sunday) on the fact that health insurers have posted a 2.2% profit margin, placing them 35th on Fortune 500's list of top industries. Contrast this to the 14% that trial lawyers have made:

In comparison, trial lawyers showed a profit margin of almost 14%, six times that of the health insurers. Do Democrats scream about villainous trial lawyers and windfall profits taxes on those that exploit the legal system and drive prices up across all American industries? No, because the trial lawyers share a good portion of their filthy lucre with Democrats.

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Blogger Chuck said...

Considering posting on this. Won't get much play will it?

Monday, October 26, 2009 6:24:00 PM  

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