Law requires insurance companies to make profit.

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Specializes in med/surg.

I have read that insurance companies are required to make a profit for shareholders. How would this be dealt with?

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Specializes in Leadership, Psych, HomeCare, Amb. Care.

Shareholders fund the company. It is the responsibility of the board of director's to create an adequate return on investment.

This is done by charging premiums high enough to cover costs, managing risk, & controlling costs.

Pretty much the same way every business, and every household is run.

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Specializes in med/surg.

I'm sorry. I meant with this law, how would it be possible to have universal insurance?

Thanks

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Specializes in med/surg.

Refund investments?

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