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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: 0.201s | 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. rayiner ◴[17 Aug 16 18:36 UTC] No.12307152[source]▶
From the point of view of people opposed to single-payer, you're not even asking the right question. It's not about which is more beneficial on the balance. It's about whether the private sector solution is so broken as to overcome the presumption against a government-run solution.