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“Profit of $1.19B, up 18%”, CEO paid $20M last year. Sure glad we are capping payments for actual care of patients in IN hospitals and cutting Medicaid. Looks like there are a lot of other ways to reduce health care costs for Hoosiers in addition to investing in prevention, which is typically not covered by commercial insurers.
Companies like Elevance add about 22-25% overhead to the cost of health care. That is where the “profit” comes from. The overhead for Medicare is somewhere around 2-3%.
I can see why Republicans are so strongly opposed to government run healthcare programs. There is so little profit.