As CFO, I’m involved in our employee’s healthcare plan. I met with the broker this week, despite healthcare costs being down significantly YoY, our premiums are going up 5% in 2023!?!?!
Given we’re providers, the large insurers are also squeezing our reimbursements….
I guess I don’t get the need for the additional profit for these entities. 1 year return on the following stocks
Elevance (Anthem) – 25%
Cigna – 52%
United – 20%
SMH….