This is America. No one should be without Tupperware in America. But not everyone can afford it. Many find themselves in the aftermath of a dinner party without a way to keep that quiche alive. It's going to die, you know. Saran Wrap won't cover it.
What we need is Universal Tupperware Coverage.
Shame, shame on those making a profit on selling Tupperware. It's immorale, really. Did you know they make more profit than health insurance providers?
That simply can't continue. Obama, Pelosi, even Will Ferrell and his politically brilliant b-list celebrities, along with self-professed witch and coven member Heather Graham, have fought to stop these atrocious health insurance providers getting fat and obese and thus sick on their own profits. Yet, has anyone told them about the Tupperware? Or Yahoo? Or, I hate to say it, Hershey's chocolates? Or shown them their own W-2?
Greed is rampant, as are profit margins. Only not in the health insurance business. Here's the truth, finally reported by the AP.
Quick quiz: What do these enterprises have in common? Farm and construction machinery, Tupperware, the railroads, Hershey sweets, Yum food brands and Yahoo? Answer: They’re all more profitable than the health insurance industry. In the health care debate, Democrats and their allies have gone after insurance companies as rapacious profiteers making “immoral” and “obscene” returns while “the bodies pile up.”
Ledgers tell a different reality. Health insurance profit margins typically run about 6 percent, give or take a point or two. That’s anemic compared with other forms of insurance and a broad array of industries, even some beleaguered ones.Profits barely exceeded 2 percent of revenues in the latest annual measure. This partly explains why the credit ratings of some of the largest insurers were downgraded to negative from stable heading into this year, as investors were warned of a stagnant if not shrinking market for private plans.
Ed Morrissey from HotAir has another number you might find interesting. Who are Democrat's best friends? Not unions but you're close. And what are their profit margins?
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.
And the truth shall set you free. It also might pinch a bit if you try to clasp it into silence. I wouldn't try it. It'll leave a nasty mark.
1 comments:
The numbers are only interesting because they really come from thin air and are more distortions. There really is no way to come up with a profit margin for attorneys like that. Beyond that you need to figure in over head and executive salaries in many of the Health Insurance companies.
Hot air really has no way to comment, but should be questioned on the shoddy use of numbers.
The stories yesterday suggest 800 billion in waste in the system. Instead of the old bash the lawyer mantra, we should be looking at the real solutions.
Post a Comment