Re: ‘Americans want care, not highway robbery’ (Metro, April 3)
The recent letters saying that health insurers make huge profits of 20 percent and are complaining because it’s not their usual 30 percent are ridiculous. Their average profit margin is around 4.5 percent, a fact that can easily be looked up online. This is on the low end of the spectrum as far as corporate profits are concerned. As for expanding government insurance such as Medicare (because the government does not have a profit motive like the evil insurance companies), private insurance’s administrative costs run about 5 percent less than what it costs the government per enrollee. In short, insurance company profits are not much of a medical cost driver, and those same insurance companies administer claims far more efficiently than the government does.
Ron Shelton, via email
Maria Termini’s concerns about the U.S. health care system are duly noted, but saying “the ACA is not positive reform” ignores the fact that about 10 million people have access to health care now who did not before the law. She also ignores that the rise of health care costs since the law was passed is at the lowest rate in decades. Don’t be fooled into making the perfect the enemy of the good.
Charles Hall, via email