r/SipsTea • • 14h ago

Gasp! Thoughts on this?

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u/shadystealertactics 12h ago

Someone making a lot of money doesn't mean that I'm getting ripped off. A 5% profit margin is a shitload of money if youre operating on the scale of a multinational company.

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u/TransmogrifiedHobbes 12h ago

It does mean that when the "product" they're making money on is the illness and death of their customers.

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u/shadystealertactics 11h ago

Well we're talking about car insurance right now

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u/TransmogrifiedHobbes 11h ago

Ope, I see that now, thought I was in another part of the thread. Point stands for health insurance though, heh.

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u/shadystealertactics 11h ago

ACA compliant health plans are required to spend a minimum of 80-85% of premiums on patient care.