I call it “American health extortion”.

The gangster who will smash up your store if you don’t pay for “insurance” is actually offering “extortion” , because he’s creating the problem he’s supposedly insuring against. In America, the insanely high cost of medical care, compared to any other developed country, is being created (by lobbying legislators, backroom price negotiations, etc) and maintained by the companies selling the “insurance” against it.

It’s extortion, not insurance. At least call it what it is.

You mean doing the math on how a market with limited demand but where almost every man and his dog can start supplying with no overhead is likely to be rapidly saturated?