With 4.5% profit margins, insurers are hardly making a killing. McDonalds runs a 20% margin. I don’t understand the demonizers saying that insurers are making obscene profits off of sick people. With allowing pre-existing condition people to hop on whenever they want, it will collapse the private insurers, unless they raise premiums.
And when they do, Obama will further demonize them and attempt his government takeover of private medicine. People working the health industry will know this to be true.
