IIRC, insurance companies benefit from high prices, as it benefits their gross profits. I forget whether that was due to regulations sort of capping profit marg

IIRC, insurance companies benefit from high prices, as it benefits their gross profits. I forget whether that was due to regulations sort of capping profit margins, or what the reason was. I’ll see if I can track down a reference. Edit: here’s an article on the topic https://www.npr.org/sections/health-shots/2018/05/25/613685732/why-your-health-insurer-doesnt-care-about-your-big-bills https://www.npr.org/sections/health-shots/2018/05/25/6136857...