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Aetna CEO Threatened Obamacare Pullout If Feds Opposed Humana Merger

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142 points helloworld | 1 comments | 17 Aug 16 17:52 UTC | HN request time: 0.514s | source
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seibelj ◴[17 Aug 16 18:06 UTC] No.12306806[source]▶
Can anyone succinctly explain the benefits of having a market for private health insurance companies, rather than a single provider of health insurance (government, aka "public option")? Can a capitalist case be made for their existence? Does the lack of a large private insurance market in countries with government-provided health insurance cause lots of inefficiencies and waste?
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1. merb ◴[17 Aug 16 18:16 UTC] No.12306921[source]▶
> (government, aka "public option")

that wouldn't happen. since it's monopolism. You would end up in a system like germany. And at the moment these "public" health insurance companies raising their fee's every year. Not better than having private ones, since their regulators just don't care. They praise their reduces with taxes but they don't care if everything else got higher we still end up in a loss.