see my post #10.
2) Here we go again. If our government allowed real competition, such as crossing state lines with medical insurance (and for that matter, why not world wide? We go global with every other form of business completion, why not medical insurance?), it would do a lot to keep costs down. 85% for claims leaves only 15% to satisfy shareholders and account for all overhead.
15% is a good bottom line for the best of non-profit charities, the good ones. It isn't enough for a private business.
I recently read that, for instance, gross profits for Apple Computers was 40%, and you don't hear anyone whining and complaining about that. That's way beyond what Evil Oil Companies make on average.
In some ways, a dictatorship called Singapore has better ideas about medical coverage than we do. What does that say about us, aside from too many corrupt idiots in charge?