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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: 0.232s | 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. davidf18 ◴[17 Aug 16 20:21 UTC] No.12308110[source]▶
Switzerland, Germany and other countries lack single player plans. Israel has 4 different integrated health providers that compete to provide care. I am sure there are many other examples of health care systems that choose not to use a single payer.