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Old 03-22-2010, 05:06 PM   #2073
Pooka
Your Invisible Rabbit Friend
 
Join Date: Feb 2007
Location: Betwixt and Between
Posts: 528
Here is a very interesting article:10 Surprising Facts about American Health Care

http://www.ncpa.org/pub/ba649

And no... Health Insurers are not Profitable... there margin is below 3%

Here is another facinating article on that topic: How profitable are health insurance companies?
http://www.marginalrevolution.com/ma...companies.html

Opening the "pool" to include everyone regardless of pre-existing condition is going to bankrupt these companies. They balance the risk and raise rates based on demographics including, but not limited to age, gender and overall health of the population sharing the risk ... or the "pool" if we are all in it... well...
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