Wednesday, March 17, 2010

Stats prove Insurance Cos NOT the bad guys

Click to listen to the Wonder Woman theme song...

Check out "Just How Profitable are Healthcare Insurers?", a short but interesting post with FACTS by Larry Cheng:

2009 Net Profit Margin of Healthcare Insurers

•Aetna: 3.7%
•Wellpoint: 7.3%
•Cigna: 7.1%
•United Health: 3.7%
•Humana: 3.4%
•Healthnet: -0.3%
•Healthspring: 5.0%
•Coventry Health Care: 2.3%
•Molina Healthcare:0.8%
•United American Corp: 2.7%
•Unum Group: 8.4%
•Median: 3.7%


Compare to profitability of Google and its competitive set:

2009 Net Profit Margin of Internet/Tech Companies

•Google: 27.6%
•Yahoo: 9.2%
•Microsoft: 24.9%
•Baidu: 4.8%
•Apple: 19.2%
•AOL: 7.6%
•Nokia: 3.0%
•Adobe: 13.1%
•Sohu: 28.6%
•Median: 13.1%


So, WHICH set has a HIGHER profit margin? hmmmm? mmmm? mmmm?

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