Private Health Competition

The political left loves to say 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. So why not let Uncle Sam compete as well?

                       

But we know that government entities are not operated at low cost. The Post Office is one example. Medicaid and Medicare are government insurance coverage run amok.

                       

What pro-government enthusiasts never tell you, is that government has no capital costs. The taxpayer subsidizes capital as well as operational outlays.

                       

All private health insurance companies must provide expensive capital and funds 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 especially, will help the consumer. (See the Earl J. Weinreb NewsHole® comments and @BusinessNewshole at Twitter.)