Aetna CEO Threatened Obamacare Pullout If Feds Opposed Humana Merger

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?

The healthcare system in countries like France, Canada, Germany is much more efficient and provides better healthcare to most of it's citizens than the US healthcare system pre and post obamacare.

https://www.oecd.org/eco/growth/46508904.pdf

http://www.commonwealthfund.org/publications/press-releases/...

Yeah I'm not buying this and never have. You're going to need to cite some kind of scientific statistics or stats or studies.

When people get sick they come to the US for treatment if they can. You don't see world leaders and those with money going to Canada or Europe for treatment. Not when it's dire. The US is hella expensive for many reasons one is that we have the most bleeding edge medical technology.