Gregory's Server@Schouten_B @SearingTruth @QasimRashid
This company is not for profit. Any profits it does make is placed back into making improvements
|
7 comments
@Schouten_B @SearingTruth @QasimRashid due. I know what I read. They consider your system nonprofit.  @66gardeners @SearingTruth @QasimRashid Who is they? I showed you their wiki page, I can show you the dividend payments as well if you want? It's all public. There are a couple of insurance companies here which are cooperative and that don't pay dividend. I'm not with one of those though. If memory serves me right the US has a couple of regional health insurance co-ops as well. @66gardeners @SearingTruth @QasimRashid Paywalled sadly but: https://news.achmea.nl/achmea-distributes-capital-to-shareholders/ Also their public financial numbers are here: Like this is from their own website, I don't know how much more reliable you want this, but I'll happily look at your sources. @Schouten_B @SearingTruth @QasimRashid This affirms for me you have no idea how much worse for profit is. I'm beginning to think you do not care. @66gardeners @SearingTruth @QasimRashid If CEOs make millions of dollars in salaries and bonusses, shareholders get hundreds of millions in dividend, a company is for-profit. It's that simple. You have continued to make this claim without sharing a single piece of evidence, which makes me feel like you don't take this conversation seriously. In any case, our system works great, the US system is garbage. This isn't because of 'profit', it's because of greed and corruption. |
@66gardeners @SearingTruth @QasimRashid The stock pays dividend occasionally.. I'd argue that means some of the profit is not placed into making improvements 🙂. But if we're only counting profits paid in dividends rather than reinvested we're using a definition of profit that is rather unusual.