They make lots of profits from medical insurance, right? Recently I heard that medical coverage produced $8 billion in profits for insurance companies. Sounds like a lot, but let's look at the math.
There are 350 million Americans. Let's be generous and say that 50 million are uninsured. That means that 300 million Americans have insurance coverage. Doing a little long division, we find that the insurance companies make a profit of $23 per year per insured.
Yep. Sounds like price gouging to me.