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According to Fortune Magazine 3 of the top ten MOST PROFITABLE industries are medical related.

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Kablooie Donating Member (1000+ posts) Send PM | Profile | Ignore Tue Oct-13-09 12:53 AM
Original message
According to Fortune Magazine 3 of the top ten MOST PROFITABLE industries are medical related.
Top industries: Most profitable

Profits as % of Revenues

1 Network and Other Communications Equipment 28.8
2 Mining, Crude-Oil Production 23.8
3 Pharmaceuticals 15.8
4 Medical Products and Equipment 15.2
5 Oil and Gas Equipment, Services 13.7
6 Commercial Banks 12.6
7 Railroads 12.4
8 Entertainment 12.4
9 Insurance: Life, Health (stock) 10.6

From Fortune Magazine:
http://money.cnn.com/magazines/fortune/fortune500/2008/performers/industries/profits/

This "Insurance industry is #86 in profitability" mantra is simply smoke and mirrors sent to you courtesy of your friendly health insurance lobbyist!
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Skittles Donating Member (1000+ posts) Send PM | Profile | Ignore Tue Oct-13-09 12:59 AM
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1. disgusting
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ingac70 Donating Member (1000+ posts) Send PM | Profile | Ignore Tue Oct-13-09 01:02 AM
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2. I noticed a Repuke asshole today...
saying health insurers didn't make a whole lot of money. Fucking liars, as usual.
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xfundy Donating Member (1000+ posts) Send PM | Profile | Ignore Tue Oct-13-09 01:03 AM
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3. Hmmm...
They left off war profiteers and the religion industry.

Wonder why?
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targetpractice Donating Member (1000+ posts) Send PM | Profile | Ignore Tue Oct-13-09 01:14 AM
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4. Our society needs to undergo a fundamental change...
Healthcare can not be a commercial and for-profit enterprise... Gene Roddenberry got it right with Star Trek.

Yes it will be tough to changeover, but healthcare is a fundamental right... not a commodity.
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old mark Donating Member (1000+ posts) Send PM | Profile | Ignore Tue Oct-13-09 01:57 AM
Response to Original message
5. Tell me about it - I just spent over $160 on 2 bottles of prescription meds -
will be the same again next month.

mark
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