I keep hearing how some companies made billions in profits but how many billions worth of claims did they pay to earn that profit? The people that complain that they made billions in profit never say how much they had to spend to earn it. Apparently some people think they are supposed to pay for billions in claims and just break even? And those of you that want government supplied health care because it cuts out the insurance companies profits: Do you really think the US government would not have massive overhead costs? What does the government do now that is more efficient than the private sector, anything?
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They don't spend as much as you think they do on payouts. They have high power attorneys who are paid big bucks to fight patient cases. That's why people are angry because instead of working with patients they are fighting against them.
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