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Re:Institutions try to preserve the problem to which they ar... by mike_hearn on Saturday February 24, 2024 @02:11PM (#39494270)
Do they have massive profits? It says here that they have very low profit margins of about 3%

https://content.naic.org/sites/default/files/inline-files/he...

Contrast that with the average of all industry profit margins at ~10% and with SaaS type firms of ~80%.

If you want to improve US healthcare costs by getting rid of the profit margin of insurers, it's probably a bad idea. You wouldn't notice the impact.

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