It seems to me that, even though, 3.3% of the premium money that goes into health care payments, is a lot of money, this is not an unreasonable amount of profit for an American industry.
Saturday, February 27, 2010
Health Care Industry Profit Margin
It has often been said, lately, especially by President Obama, that the health care industry is taking inordinate amounts of profit from the money it takes in from premium payments paid by its customers. The table below indicates that the health care industry is #86 among other industries in the United States in amount of profit margin. This table was constructed in August 2009 by Mark J. Perry, Professor of Economics and Finance in the School of Management at the University of Michigan. Dr. Perry has a Ph.D. from George Mason University and a MBA from the University of Minnesota. His complete report on this issue can be viewed at http://tinyurl.com/nyw78m. (Double click on the table to view it in a zoomed in size.)
It seems to me that, even though, 3.3% of the premium money that goes into health care payments, is a lot of money, this is not an unreasonable amount of profit for an American industry.
It seems to me that, even though, 3.3% of the premium money that goes into health care payments, is a lot of money, this is not an unreasonable amount of profit for an American industry.
Thursday, February 25, 2010
Sex Ed Fails, Say Dissenters to CDC Report
Comprehensive sex education programs are highly effective if one is to believe the official conclusions of a recent study by the Centers for Disease Control and Prevention (CDC).
However, data in the same report indicate that in reality, sex ed has no significant impact on teen condom use, pregnancy, or STD’s, according to Irene Ericksen and Danielle Ruedt, two members of the study’s panel of consultants.
Conversely, Ericksen said abstinence education programs produce a significant reduction in teen sexual activity. Ericksen is a research analyst with the Institute for Research and Evaluation in Salt Lake City.
“It is unfortunate that the statistical evidence that demonstrates the above discrepancies was not released to the public,” Ericksen said. She and Ruedt issued a dissenting viewpoint to the official report.
Leslie Unruh, President of the Abstinence Clearinghouse, expressed concern as well: “These results present a different picture than the (CDC) study’ published conclusions, especially for school-based comprehensive sex education. Policy makers deserve accurate information regarding the lack of effect of these condom-centered programs.”
www. christiannewswire.com 11/6/09
However, data in the same report indicate that in reality, sex ed has no significant impact on teen condom use, pregnancy, or STD’s, according to Irene Ericksen and Danielle Ruedt, two members of the study’s panel of consultants.
Conversely, Ericksen said abstinence education programs produce a significant reduction in teen sexual activity. Ericksen is a research analyst with the Institute for Research and Evaluation in Salt Lake City.
“It is unfortunate that the statistical evidence that demonstrates the above discrepancies was not released to the public,” Ericksen said. She and Ruedt issued a dissenting viewpoint to the official report.
Leslie Unruh, President of the Abstinence Clearinghouse, expressed concern as well: “These results present a different picture than the (CDC) study’ published conclusions, especially for school-based comprehensive sex education. Policy makers deserve accurate information regarding the lack of effect of these condom-centered programs.”
www. christiannewswire.com 11/6/09
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