Originally posted by: tom
Once again cpa Kevin needs an accounting lesson
He is unable to know the difference between revenue and net income.
Insurance companies collect premiums & then pay out the claims
What is left over is net income or about 2% of their revenues.
CPA Kevin might not think net income is relevant but it is.
If dividends are paid out it comes out of net income.
I pointed out your stupid lie that Americans provide health insurance companies with their profits. They actually provide those companies with their REVENUES--which are obviously far larger than profits--which is why you lied.
Stupid Tom.
Discussion over.
