Of course health insurance companies make a profit. And since they are publicly held companies, it's easy to see figure this out.
The key figure to watch is called "medical benefit ratio." Simply...
Everyone has their own opinion on what company is the best based on their personal experience. I work in insurance for a group of doctors and my best experiences have been with United Health Care and...
The cost of health insurance is influenced by the individual's age, existing health conditions and sex. Additionally the cost of coverage is influenced by the amount of deductible, the type of...
Because they are like any other business you buy goods and services from. A profit motive gives them an incentive to compete on price, quality and innovation.
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One of the best places to go for a non-biast view of what insurance products are available in your area is to go to the Financial Standards council. They provide free reports on a wide variety of...