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Which is higher: The average improper payment rate of the largest federal healthcare programs or the median net profit margin of the largest health insurance companies?

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During 2014, the three largest federal healthcare programs (Medicare, Medicaid, and CHIP) had improper payment rates ranging from 6.5% to 9.9%. From 2007 through 2010 (later data not available), the ten largest health insurance companies had median annual net profit margins ranging from 2.1% to 4.4%. Throughout this period, the highest profit margin made by any of these companies in any year was 7.3%, and the lowest was -1.1%.

DocumentationGovernment Improper PaymentsHealth Insurance Profits

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