Sunday, October 25, 2009

Health Insurance Profits Actually Stink.

Health insurance profit margins typically run about 6 percent, give or take a point or two.Profits barely exceeded 2 percent of revenues in the latest annual measure. This partly explains why the credit ratings of some of the largest insurers were downgraded to negative from stable heading into this year, as investors were warned of a stagnant if not shrinking market for private plans.According to AP

The Fortune 500 lists Insurance as #41 in regard to top performing industries for 2008.
It is only 37 for last 5 years

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