Here's a great idea, why not regulate the insurance companies the same way that public utilities are regulated and managed. 

The problem is it still enriches private and publicly traded corporations. 

There's such a strong push to regulate the internet and everything on it, if you ask me why not push to regulate insurance? Insurance for a large segment of our aging population is such a necessity for just every day livingbe it check ups to meds that it can't lapse . 
The internet on the other hand for the most part can be bypassed except for those under 35 lol jk.