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Originally Posted by PPLEPEU
I’m no fan of United Healthcare, but I do believe it is deceptive to simply state a company’s profits in terms of dollars without also quoting their sales volume.
So, expressed as a percent, here are some examples of NET PROFIT as a percentage of annual sales:
- United Healthcare is at 5.5%
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It’s pretty hard to identify the sinners from the do-gooders based on the profit they make, especially when you only look at raw dollars.
But, based on list above, United Healthcare may not have been zealous ENOUGH about generating profit.
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Yep. You must look behind to see what the numbers actually represent. I remember when the oil companies were criticized by huge profits during the gas shortage. In later years their substantial losses were due to capital expenditures.
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I'm sure a government run healthcare business would be much more efficient and deliver cheaper drugs and healthcare ..... NOT !!!!
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And the source of your proof of this is.....