Which is greater: The average profit margin of health insurance companies or the average improper payment rates of major government healthcare programs?
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The average profit margin of health insurance companies is about 3%, while the average improper payment rate of Medicaid is 10%, Medicare is 8%, and the Children's Health Insurance Program is 9%. An "improper payment" is "any payment that should not have been made or that was made in an incorrect amount (including overpayments and underpayments)."
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