Even retirees are required to pay most of their pension to the premiums.
I think this is the main point here.
If the homeowner isn't insulted by your offer...you didn't bid low enough!!!
I don't think this is true. The medical benefit ratio is capped isn't it at around 80% meaning the insurance companies have to spend 80% (or whatever the number is) towards medical benefits or repay the premium back to the individuals.