For the insurance business model to work, many people pay in but only a few actually collect. Think car insurance, fire insurance, flood insurance. With health insurance everybody collects, sooner or later. And with no lifetime caps, no exclusions and increasingly expensive procedures, tests, etc. everybody eventually collects a boat load. Trying to exist and profit in this situation is not possible; it was only possible before because of shit policies that didn't cover anything, denials for pre-existing conditions, finding bullshit ways to disallow claims and all the other crap companies used to pull. Now, they can't.
I feel so, so sorry for the poor insurance companies, with their well-compensated execs, struggling in this business climate. It is just so unfair.
Fucking vampires.
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