Insurance is a term used to refer to the act, systems, or business where financial protection (or financial compensation) for life, property, health and so forth get reimbursement of events that can not be alleged that can occur such as death, loss, damage or pain, which involves regular premium payments within certain period of time in exchange for a policy that ensures the protection.
It's often asked how long carriers will put up with low margins and tight regulations. It's not a very attractive market to be in right now. Unless insurance isn't your primary business. If you're a hospital or health system breaking even but driving more business to your facilities would be a good deal. Making an extra couple points on insurance operations would just be gravy.
Even better is having your competitors or taxpayors subsidize any loses while your hospital runs up charges.