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U.S. health insurers profits boom amid pandemic

from Forbes

U.S. health insurers profits boom amid pandemic Forbes The coronavirus pandemic has highlighted both the weakness and resilience of different business models with online retailers such as Amazon and streaming services like Netflix among the companies falling into the latter category. A catastrophic health crisis may also seem like a good opportunity for health insurance companies to boost their profits, and according to their most recent quarterly results, they are raking in billions of extra dollars thanks to the pandemic. In several cases, major insurance providers have even doubled their profits. READ MORE

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