This is not an accurate statement and it is the only thing about the debate that bothers me. 50MM people ARE NOT without health care in this country. 50MM people are without health insurance. There is a HUGE difference, and it distorts the entire argument.
obamacare was was an attempt to get around republican opposition. when kennedy died the dems no longer had the votes. they thought that since the mandate was originally a republican idea it would help move a few republicans. it is not perfect but it was the best they could cobble together. still much better than the nothing republicans were insisting on.
its not profitable. neither is fighting wars. neither is the faa, neither is the post office. they are public services the public demands.
Fighting wars is very profitable for certain companies in the private sector, but that's a different argument. There is a reason it's not profitable for insurance companies to insure these people. Guess what it is?