What happens to private health insurance companies if American health care is nationalized?
bdunc295 asked:
Few would be willing to dish out for private coverage while they are receiving health care from government taxation. Would the private health industry perhaps dwindle down to a few big players and be forced to take a hit by improving coverage and care?
I'm well aware health care won't be nationalized. I meant to indicate this is a hypothetical question.
Few would be willing to dish out for private coverage while they are receiving health care from government taxation. Would the private health industry perhaps dwindle down to a few big players and be forced to take a hit by improving coverage and care?
I'm well aware health care won't be nationalized. I meant to indicate this is a hypothetical question.
It is not going to be «nationalized.»
I guess that they will go out of business. By nationalized you mean Universal Health care? If you think its all that great then look again. I live in Canada and the wait lines to see a doctor or even in the emergency room are long. Very long.
~~This is a mute point because Nationalized insurance is not in the works. All the government is proposing is an alternative for people who can't get employer based insurance to be able to buy directly from the same insurance that senators and congressmen get. Otherwise, business as usual for private insurance companies.~~
I dont think this will work for anyone. There are so many countries which adopt this policy and they feel sorry about it.