There are right answers though. Certainly far more "right" than what they currently do.
They can, in fact, have their billions of profits while not putting their customers in the grave. It's just slightly less profit than they currently get.
Squeezing the blood from the stone here is entirely a choice.
That shows the gross margin of insurance companies (based on premiums vs paid claims). Note that it's negative in some states, and also that's gross margin - so all the insurance companies' costs need to be paid out of that.
They are not making as much profit as you think they are.
They can, in fact, have their billions of profits while not putting their customers in the grave. It's just slightly less profit than they currently get.
Squeezing the blood from the stone here is entirely a choice.