Well, you have decided that what you really want to do in life is insure people for their health. You have done due diligence by researching the market and by golly you want some of all that money the big execs get. Yessiree, that's for you. Ummm, maybe.
First of all, it is one HIGHLY regulated industry. The Feds have all kinds of rules to control your enthusiasm for profits. And what they don't do the individual STATE has their own set of rules to follow. Ug, all that paperwork. Adds to the overhead.
Second, it is gonna take one huge chunk of change to get started. Claims have to be serviced long before you get enough from premiums to pay for that, which in fact, they NEVER do. You best be one heck of a good investor as well.
Third, you really want to put up with all the complaining and Congressional subpoenas before cameras just to slam your good name you once had? Really?
Finally, the Government now wants to compete with you! Let's see how that works. They make all the rules. They print all the money. They can operate at a loss for years, decades, hell, centuries!
Better not go into this business after all. It'll just be single payer, the tax payer pays and pays and pays. You have your good name to protect see?
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