“We’re on the final approach to single payer.”
Do you think insurance companies would let that happen?
Please understand that I am not being snarky asking that. I can’t see a case where insurance companies will allow the Feds to walk in and destroy their cash cows. They’ve already had a taste of it with Obamacare.
I do see a case where “single payer” is in effect under the guise of one or two insurance companies being available in a region. However, that’s going to take a relatively long time to get to that point nationwide.
“Do you think insurance companies would let that happen?”
What are they going to do about it? They supported ObamaCare because they salivated at the prospect of millions of involuntary “customers” forced to pay them; now they realize (and they should have foreseen this) that they’ve gotten an older, sicker pool of customers than they expected (or wanted), completely distorting any actuarial projections (which are used to determine premiums).
Here in NJ our non-public education and healthcare industries are very successfully being destroyed by the government; massive public school taxes have made any alternative unaffordable to most parents, and low reimbursement for required care for uninsured (often illegal) patients has closed down hospitals.
The government can do as it pleases (unless the last seven years haven’t illustrated that enough); they fear (and face) no reprisals.