Health Insurance Companies' Profit Margins: Not so Fat

The AP has fact-checked recent Dems who have claimed that health insurance profits have been "obscene" and "immoral" while "bodies pile up" and has found them to be full of hot air if not intentionally deceptive:

http://rss.msnbc.msn.com/id/33470129/ns/politics-health_care_reform/

Last year, the average health insurance company's profit margin was a measly 2.2%, but after you hear Dem representatives talk about it, you'd think it was near 40%. But last year was slow right? What about the average year? That must be the obscene number they're talking about right? 6% ...

You can argue that we would benefit from a federal insurance system or not, but let's not make stuff up out of thin air and call it scary truth. You can't form and informed opinion when your information is misinformation. I'm tired of all the major arguments being based in "feelings," sob stories, and skewed numbers. Half of the arguments are deceptions and the other half are fallacies.

I don't have the answers, but I certainly have learned who not to look to for them, and they all work in the same building.

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