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by lotsofpulp
466 days ago
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>That's nominal profit margins. It doesn't take into account the way that different parts of these conglomerates take money from one pocket and put it in the other (e.g. insurance and Healthcare providers), which means it doesn't show up in the profits for your first pocket. This is nonsense. UNH’s profit margin is all net income divided by all revenue. https://www.macrotrends.net/stocks/charts/UNH/unitedhealth-g... Same with Elevance, CVS, Cigna, Humana, Centene, and Molina. There is a reason all these businesses aren’t at the top of the market cap rankings. Not even in the top 100. UNH is up there due to sheer size and the fact that they sell high profit margin software and healthcare. Otherwise, you will not get rich starting a managed care organization. Even Warren Buffet, Jeff Bezos, and Jamie Dimon ran away with their tail between their legs: https://en.wikipedia.org/wiki/Haven_Healthcare |
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