Do we really think that the government even if they do "take over the health care insurance business" is going to operate the health care insurance system themselves?
Hardly. Do not be surprised if the government side of the insurance business will be run by the insurance industry itself, or at least one or two of the major players.
As was explained to me many years ago by a friend, contrary to the idea that businesses want no regulation or less regulation, the ugly fact is that businesses WANT regulation because that levels the playing field and they know exactly what the competition can and cannot do. This knowledge then reduces their risk of operating their business and that is why contrary to their protests, they actually want it.
So then, if this national health care thing comes to pass, be ready to see the stock price of some of the players move higher.
Would not be at all surprised to find that behind those closed mahogany doors such conversations along these lines has already been had and the template agreed upon.
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