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So if cost is an issue, what is the complaint here? Buy contacts or buy generic frames. What exactly is the problem? The people that need special lenses?
Im nt arguing one way or the other.
Besides..not sure what glasses have to do with health care. Eye exams and glasses are not that expensive..and most often times is not even a covered item in health care .. usually supplemental is purchased to cover both dental and eye exams.. not really sure where this conversation is going with regards to health care and reform.
Evidently you don't read your own post? That's a stock ticker you just posted today see: Trade Time:11:01am ET. Do you know anything about stocks? Anything?
Evidently, you can't even comprehend what you are reading.
It lists statistics within the industry, including this:
Quote:
Industry Statistics
Market Capitalization: 99B
Price / Earnings: 9.6
Price / Book: 8.4 Net Profit Margin (mrq): 3.3%
Price To Free Cash Flow (mrq): 30.3
Return on Equity: 13.0%
Total Debt / Equity: 0.0
Dividend Yield: 0.1%
(and i will stick with yahoo finance, since that is what the op manipulated)
How did I manipulate - by posting it straight from the Yahoo Finance page? I understand where your resistance comes from - a deep seated need to believe obama when he says the Health Care insurers are greedy profiteers. His rhetoric doesn't match the FACTS, however.
Quote:
Many companies take any write-offs Q3 to set up for a great Q4 since CEO bonus's are at end of year totals.
At least point at the right industry:
Accident & Health Insurance Overview: Industry Center - Yahoo! Finance
(and i will stick with yahoo finance, since that is what the op manipulated)
Thinking that insurance companies are somehow special is foolish. The largest health insurance company is UnitedHealth Group which is so far down the list of profitable companies as to be laughable (45th). This monster company earns not even 1/20 of most of the top companies.
their "profit margins" may be "low" ..at about 3% or so..
BUT.. what you need to look out is their other expenditures that they put out BEFORE they reach that "profit"..
ANd.. in order to put out those expenditures.. PLUS show a profit to their shareholders..how many people had to be denied coverage or thrown out on a technicality (like forgetting to put a yeast infection on their medical application 10 years before) in order for them to meet that profit margine AFTER their ridiculous expenditures.. like corporate jets and $124M/year compensatino packages to ONE executive..or moeny spent to defeate health care reform at a tick of $700K a DAY!! ( i can't find the article I read about that a few days ago. If I do I will post it).
I wonder how much they spend in other crap too. They sacrafice lives for overbloated salaries .. etc.
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) in order for them to meet that profit margine AFTER their ridiculous expenditures.. like corporate jets and $124M/year compensatino packages to ONE executive..or moeny spent to defeate health care reform at a tick of $700K a DAY!! ( i can't find the article I read about that a few days ago. If I do I will post it).
