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Private insurance will price itself out of the market

21 September 2009 476 views No Comment

Interesting argument from Rick Ungar at True/Slant that single-payer is on it’s way regardless of what happens with the current reform effort:

the numbers would seem to make clear that it is only a matter of time before private health insurance prices itself out of the market, leaving only the government with the capability to insure the nation’s health. Given what appears to be a very dim future for the health insurance business model, one cannot help but conclude that the battle in Congress, while framed in ideological terms for public consumption, is really more about helping the insurance companies to earn as much money as they can before their inevitable collapse.

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