Nurses General Nursing
Published Jun 17, 2007
RedZeppelinRN
248 Posts
I have read that insurance companies are required to make a profit for shareholders. How would this be dealt with?
MrChicagoRN, RN
2,598 Posts
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.
I'm sorry. I meant with this law, how would it be possible to have universal insurance?
Thanks
Refund investments?
pickledpepperRN
4,491 Posts
This forum has many threads discussing this topic:
https://allnurses.com/forums/f287/