In France, 18% to 22% of the money given to our public insurance is used for administrative stuff, which i thought was a lot. Then I learned that 31% of what my

In France, 18% to 22% of the money given to our public insurance is used for administrative stuff, which i thought was a lot. Then I learned that 31% of what my company pays for my private insurance is used for administrative purpose. So either private companies are way less efficient than public service, or i should immediately buy shares from Swisslife and others. Guess what my first major investment was?