Is This Proof That Insurance Companies Are Overcharging Consumers?

"Just two weeks ago, Modern Healthcare noted that because health insurers are now required to spend at least 80 percent of premium revenue on actual patient care, they are looking for higher investment returns elsewhere. The magazine reported that insurers are increasingly putting money into technology ventures from which they expect to realize higher returns."

Two questions come to mind from this revelation:

1.) Are insurance companies overcharging their customers, since they have dough available to invest in areas other than providing their customers' healthcare (which is theoretically the purpose of insurance)?

2.) Are insurance companies using these higher investment returns to lower their customers' premiums?

Meanwhile, some employers are fed up with the insurance middleman in healthcare, and are negotiating directly with healthcare providers to provide healthcare for their employees and retirees.

It still seems to me that a single-payer universal healthcare plan would be the most efficient and cost effective solution for Americans' healthcare.

Read about this stuff here.