It is always interesting to me when people claim insurance companies earn a ton of profit when their profit margins are always in the 5% or lower range. How much smaller should their margins be? Even retail businesses like Walmart need a couple percent of profit margin to survive.
https://www.macrotrends.net/stocks/charts/ANTM/anthem/profit...
UHC margins also do not indicate profiteering:
https://www.macrotrends.net/stocks/charts/UNH/unitedhealth-g...
Same with CVS/Humana/Cigna:
https://www.macrotrends.net/stocks/charts/CVS/cvs-health/pro...
https://www.macrotrends.net/stocks/charts/HUM/humana/profit-...
https://www.macrotrends.net/stocks/charts/CI/cigna/profit-ma...
It is always interesting to me when people claim insurance companies earn a ton of profit when their profit margins are always in the 5% or lower range. How much smaller should their margins be? Even retail businesses like Walmart need a couple percent of profit margin to survive.