Not to mention that the federal government's job is not to dictate morality, that is best left to local governments, and only to a very limited scope at that, i.e. crimes of victimization, traffic laws, basic public safety, etc. etc.
No they aren't when adjusted for profit margin, no health care company makes over 7% profit margin, United being at just above 6%. The typical average of companies has been between 8-10%, the percentage is what is important for business matters, so if they are the big guys, then you may want to go ahead and concede the argument. My source is MarketWatch.
Sure, we all would, but this also denotes that the profits aren't going straight to the insurance company, the 7% is the very bottom line, this is after liabilities are paid, including loans, regulatory, salaries, and other expenses, it's similar yet different for any viable business. Plus, the major health insurers are publicly traded companies, so the 7% left of the billion net profit will now be divided by the shareholders and else reinvested, so if you could get all of the 20% if 1000$ personally, or
Sure, but this assumes the 7% is going to a single person/entity, it's never that simple.
Because the percentages are how business guages where it stands. If a business makes a net profit of, to keep it simple 1K a month, if it is only taking in 6% of that, it means that the operating expenses or other factors, both regulatory and non-regulatory are causing a strain on bottom line dollars, if a percentage drops too low, people start to be downsized, stocks start to devalue, etc.