Yes, profit = revenues - expenses. Always has, always will.
One thing many don't understand the huge contingency reserves insurance companies must maintain, in a gov system it's just a promise to pay, mostly on the backs of the young. Like SS and Medicare, the premiums (taxes) will be deposited into the general fund.
Every normal man must be tempted, at times, to spit on his hands, hoist the black flag, and begin slitting throats.
H. L. Mencken
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