[staytrue]

But how can you justify permitting a company to make huge profits (and hence million dollar salaries) in the provision of health insurance?

Profit is the difference between costs and revenue. And I say the bigger profit is better because you kept costs down and revenue up. If you are overcharging, people will stop paying unless you are a monopoly.

In any non monopoly situation, BIG PROFITS ARE GOOD FOR SOCIETY. Big profits mean big taxes paid. Big profits mean you are providing a great service at a low cost.

If you want to look at what happens when profits are low, look at General Motors.

[micro-faraday]

Very good points. Thank you.