[Kevin M]

Something like 30% of all health care money goes to administrative costs. Salaries of the Board, and of the people who do nothing but process claims and billing and manage those people, and manage those people, and write new claim forms, and create shiny marketing brochures, and find legal loopholes to deny claims, and funnel money to Congress to create more loopholes, and sit in an office and take a slice of money to determine which conglomerate your money for premiums will go to, who all provide nothing in terms of value to the rest of us. That money is not included in "profits" on accounting sheets. "Profit" is the money that hey can't say they spent on something else, so yeah, it's not a very high percentage. A huge amount of health care cost is spent just running the massive insurance machine.