Not for nothing- And I mean this because I think health insurance is outrageous in this country; Either its an arm and a leg so the well off can afford it, or all the dirt poor scumbags get free care-- the middle class get absolute shit...... However, look at some of the law suits that have surfaced lately. The amount of money paid out in settlements for class action law suits, medical malpractice and a million other causes of action is really mind boggling. While its true these companies make money hand over fist, they pay out a shitload of money in legal fees, settlements, malpractice insurance premiums and FRAUD! Thats right- FRAUD.... The amount of insurance fraud in this country alone justifies some of the insanely high premiums these companies charge. Once you add in the aforementioned things plus actual research and development, salaries, taxes, marketing and everything else that comes with their profession, and we are talking billions and billions of dollars per year.
I still think they charge too much- but if there was one industry that I can understand charging extra, its health insurance.