The cost of care just goes up and up and up. Until someone starts asking why a pill costs $400 and why a night in the hospital costs thousands, the insurance companies will be screwed.
On the other hand, it’s stupid that anyone thought it was a sustainable idea to include a mandatory for-profit layer between the care provider and the patient. On the other other hand, the only insurance provider still on the market in North Carolina is Blue Cross Blue Shield, and they’re a theoretical nonprofit in this state. But “nonprofit” is pretty fungible. I guess after you pay all the bonuses and brobdingnagiwages, there’s no profit left to sprinkle on the anointed.