If you bought shares of those 7 companies in 2010 when the ACA passed, how much would you have today? More or less than if you bought the S&P 500?
If you're looking for policies to blame for insurance companies having a rough 2025-2026, look to the Republican-led efforts cap Medicare fees and alter eligibility requirements.
You would have about the same or less. Maybe UNH gets you a couple extra percentage points per year, but that's because they have an enormous healthcare provider business instead of just being an insurer. But it's still nowhere near a positive risk adjusted return when comparing to a relatively risk-less investment in SP500.
Since Jan 1, 2010, 18% for UNH, 15% for MOH/CNC, 14% for CI/ELV/HUM/SP500, 8.5% for CVS.
Also, these businesses are competing to sell a completely fungible commodity good with tons of non profits like Kaiser Permanente, HCSC, Cambia, Independence Blue Cross, and many others. It makes no sense to expect those businesses to be able to earn any decent profit margin when their competition only needs 0%.
> There is no additional fee for using prompt caching. Input tokens, whether served from the cache or processed fresh, are billed at the standard input token rate for the respective model.
So what he’s saying is correct, there is no separate cache pricing, which by normal standards should be 10% of the cost, which can become exceedingly expensive for anything other than single turn. The way they are stating this is of course strange..
Something like it is basically a requirement if you want to see digital ads. Advertisers want to know how many people who saw/clicked their ad went on to make a purchase.
Safari and Firefox should isolate the cookie by default.
Plenty of people want ads. Every time someone asks “hey ChatGPT what do I need to buy to fix my sink” or “hey Claude what’s the best cat food” or “what’s the best island in the Caribbean for me to visit” they are specifically asking to see an ad.
I think they should have to pass a new amendment to fix or clarify when the Constitution seems to say something contradictory. Court shouldn't be able to just decide the 4th Amendment means something weaker than what it plainly says.
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