Those operating in the government on the political left love to tell you how private insurance companies, or any private business, should be able to compete with any entity that is government-run, especially with regard to health insurance.
But we know from experience that government entities are not operated at low cost. The Post Office is just one example. Medicaid and Medicare is government insurance coverage run amok.
What the pro-government statists also never tell you, is that government has no capital costs. The taxpayer subsidizes capital and operational outlays.
All private health insurance companies must provide expensive capital and funds of their own and yet have only a few percentage points of profit to show for it.
Never fall for the argument that having a government agency option to choose from, in health insurance, will help the consumer.
It’s a ruse. And the needed funds will be coming out of your pocket.
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