What happens to private health insurance companies if American health care is nationalized?
March 162010
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.
~~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.~~