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-sigh- For 2008, the health insurance companies in the Fortune 500 had a profit margin of 2.2% — ranking this sector 35th on the Fortune 500 list by industry. This means that for every $1 in revenues, the health insurance companies made only 2.2 cents in profits. Those obscene profits are elsewhere in the healthcare mix Lag.
-sigh-
For 2008, the health insurance companies in the Fortune 500 had a profit margin of 2.2% — ranking this sector 35th on the Fortune 500 list by industry. This means that for every $1 in revenues, the health insurance companies made only 2.2 cents in profits.
Those obscene profits are elsewhere in the healthcare mix Lag.
