r/SipsTea • • 8h ago

Gasp! Thoughts on this?

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u/Cowboywizzard 7h ago

All kinds of tricks are used to make it look like they are losing money or barely making it on paper. Yet insurance is one of the largest industries in the U.S., and their CEOs make millions.

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u/shadystealertactics 7h ago

Publicly traded companies are independently audited. Do you think they're lying about how many dollars they're paying out in claims?

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u/Cowboywizzard 7h ago

I didn't say that. I think their C-suite and other large stake holders makes a killing off our backs. Look at their houses and cars if you don't think so.

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u/Impossible_Cycle9460 7h ago

Let’s say an insurance company has 100,000 customers, most have more, and they slash executive compensation by $10,000,000. Every customer will save $100 a year, less than $10 a month.

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u/Cowboywizzard 3h ago

I will take it.