They are raking in revenue. If they aren't making a profit, that's simply evidence that they are less efficient than socialised systems. Presumably because of m

They are raking in revenue. If they aren't making a profit, that's simply evidence that they are less efficient than socialised systems. Presumably because of moral hazards (health insurers or the government pays, not customers), and information asymmetries (customers can't judge whether or not they are being conned).