| ▲ | amazingamazing a day ago | |||||||||||||
their september 2024 earnings put them at 6% margin. that’s not very good. for reference apple is 15%, mcdonalds is 32% and costco is about 3%. that being said compared to a competitor, elevance at 2.5%, they’re doing well. a little worse than allstate (car and home insurance), which is about 7%. | ||||||||||||||
| ▲ | tomrod a day ago | parent [-] | |||||||||||||
To be fair, they play a shell game by steering people towards their subsidiary owned medical providers (avoiding loss ratio limits of 15% to 20% by putting the money into providers, which have no profit cap).[0] [0] https://pnhp.org/news/insurers-avoid-loss-ratio-limits-by-sh... | ||||||||||||||
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