[freedomtowernight_edited.jpg] 26th Parallel: Obscene Profits Not So Obscene After All

Monday, October 26, 2009

Obscene Profits Not So Obscene After All

I'm glad to see this fact-check report come out from AP indicating that the bluster being raised by Democrats regarding the profits cashed in by health insurance companies is much to do about not so much.

Don't believe that the average profit margin for health plans is less than obscene? Check it out here. Of course, this implies that people critical of health insurance company profits actually understand what a profit margin is. When it comes to the Obama administration, they understand perfectly.

I don't have any personal vested interest in any money insurance companies make or don't make, but facts are facts and in the endless health care debate, too many fabrications on both sides have been put out. It's nice for once to see the MSM challenge the administration's rhetoric and falsehoods.


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