Subject: txt 1st hcare -
In today's Fact Check ("Health insurer profits not so fat"), the AP writer ripped into what has seemingly been a mandatory talking point any time a Democrat brings up health care: the supposedly excessive profits of health insurance providers.
Woodward found that the Democrats' claim doesn't survive even cursory scrutiny:
Health insurers posted a 2.2 percent profit margin last year, placing them 35th on the Fortune 500 list of top industries.
Nevertheless, Democrats continue to cynically exploit public ignorance about the size of profit margins achieved at companies in general and in the insurance industry in particular.
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