Wow what an asshole
After they spend 85% on customers
You think they make 15% profit?
And you are a master at economics?
You fucking fail. And to think I used to have respect for you
Now let's examine that. The cost of insuring a family of four was $18,000 in 2010, when Obamacare was passed; in 2013 it rose to $22,000. Now work your MLR math out. In 2010, the insurance companies would have been entitled to $2,700; in 2013, they're entitled to $3,600.
How do you keep your profits up despite the MLR? Raise the premiums. That's exactly what insurance companies have done.
Edit: I also point out that health insurance companies are presently worth more than they ever have been. Why? Because no one is expecting they're going to lose a cent to Obamacare, ultimately.