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The insurance industry as a whole only takes 4% profits, much less than many other industries.I think a 4% advantage plus the tax advantages would be plenty large enough for a non-profit company to not only flourish but to outcompete a for profit company.I would assume that the for profit companies have been given some special advantages by the gov that is supposed to make sure that all have an equal opportunity.
The insurance industry as a whole only takes 4% profits, much less than many other industries.
I think a 4% advantage plus the tax advantages would be plenty large enough for a non-profit company to not only flourish but to outcompete a for profit company.
I would assume that the for profit companies have been given some special advantages by the gov that is supposed to make sure that all have an equal opportunity.
