Sounds like a lot of folks are going to get lessons in the consequences of being clueless, in the school of hard knocks.
As much as we might like to push that whole gaggle of complicit insurers down the stairs, however, unless somehow we can reinvent the healthcare finance world completely independently before the Blues become a fond memory, we are stuck having to redeem that resource. I mean what else would you really do, once YOU return to reality?
...I mean, there is an advantage to being known as the guys who saved their skin. They will probably eat out of your hand for a good long time.
Because for years after the Eighteenth Amendment, no one could buy a drink anywhere.
Long before the insurers are in any danger of going under, they will be able to exert the kind of pressure for repeal that they exerted for passage IN SPADES.
What they expect is that no one is going to call their bluff. Sorry, I'm not folding without calling them. Given what the government has done with healthcare so far, there is going to be absolutely ZERO pressure to pass a single payer plan. Whatever happens to existing insurers, there is never going to be any pressure to do that. The pressure for single payer will become enormous if we curl up like a bunch of puss!es and give them what they want, while Rat politicians scream for years about how taxpayers and "the Republican Plan" are holding up Big Healthcare.
No thanks. What reality do you live in?