←back to thread

Aetna CEO Threatened Obamacare Pullout If Feds Opposed Humana Merger

(www.huffingtonpost.com)
142 points helloworld | 1 comments | 17 Aug 16 17:52 UTC | HN request time: 0.202s | source
Show context
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?
replies(35): >>12306825 #>>12306846 #>>12306849 #>>12306865 #>>12306883 #>>12306896 #>>12306906 #>>12306909 #>>12306920 #>>12306921 #>>12306948 #>>12306954 #>>12306958 #>>12306977 #>>12306983 #>>12307038 #>>12307105 #>>12307152 #>>12307153 #>>12307306 #>>12307335 #>>12307342 #>>12307397 #>>12307504 #>>12307572 #>>12307975 #>>12308036 #>>12308110 #>>12308127 #>>12308342 #>>12308357 #>>12308931 #>>12309015 #>>12309142 #>>12309820 #
1. nikcheerla ◴[18 Aug 16 01:22 UTC] No.12309820[source]▶
Anecdotally, while Britain's medical system has less wait times, doctors working for the NHS are chronically overworked and underpaid. Many move to Australia or go into private practice after completing their residencies.