in 2023 BCBS had an operating margin of 1% in one of the states i looked at, 0% in another, in california seems to be around 2%. they don’t operate with crazy p

in 2023 BCBS had an operating margin of 1% in one of the states i looked at, 0% in another, in california seems to be around 2%. they don’t operate with crazy profits, and insurance is HEAVILY regulated anyway. i expect better from HN