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/health-

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/health-2022-mid-year-industry-report.pdf 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.