Yeah - I have no problem with people choosing and then paying for their desired level of insurance they want to have - I simply don't like the pocket-profit that is behind it - including windfalls that come via stocks to holders.Insurance is a service, so is medical care. If you want the best you have to pay, end of story.
My view is not the same thing as someone who might say we don't "need" insurance. I do believe we need insurance, and I believe that it can be run balanced and fair.
Profit is what you are left over with AFTER you pay your benefit-costs, reimbursements, travel, employees' pay, taxes and fees, licenses, proxy labor, utilities and so on - so forth. Profit is extra for a company to do *whatever they want to* with.Ah, but they are service providers, as are insurers.
If insurance is mandatory and they're charging 500 people $100.00 / year for insurance that equals $50,000 a year paid to the insurance company. If, after paying all that extra, an insurance company ends up with a 2% profit ($1,000) that they can do whatever with - why not refund it to the people as 'overpay'