On: Moving Forward on Basic Income

[gwright]

And yet the margins for insurance companies is generally not at the high end when compared with other industries.

For example, using the data from: http://pages.stern.nyu.edu/~adamodar/New_Home_Page/datafile/...

and looking at the After-tax Lease & R&D adjusted margin, The software industry is at 24% (8th place) and the Insurance industry is at 11.51% (37th place).

[cdash → gwright]

You can drive the cost of healthcare up without having large margins

Just like Hollywood never makes a profit, you can't use profit margin to measure what the cost savings would be in moving to national healthcare system.