| They are not. UHG is punching slightly above average, but they have considerable non insurance operations. > Also, all the US health insurance company financials are public. You can see their profit margin is a steady ~5% for over a decade. https://www.macrotrends.net/stocks/charts/UNH/unitedhealth-g... https://www.macrotrends.net/stocks/charts/ELV/elevance-healt... https://www.macrotrends.net/stocks/charts/CVS/cvs-health/pro... https://www.macrotrends.net/stocks/charts/CI/cigna/profit-ma... https://www.macrotrends.net/stocks/charts/HUM/humana/profit-... https://www.macrotrends.net/stocks/charts/CNC/centene/profit... https://www.macrotrends.net/stocks/charts/MOH/molina-healthc... Going back to testfoobar’s comment comparing tech companies and health insurers, I do not think any investors will be impressed by health insurance companies’ low single digit profit margins compared to tech’s 20%+ profit margins. |