Aetna CEO Threatened Obamacare Pullout If Feds Opposed Humana Merger

Re:Aetna CEO Threatened Obamacare Pullout If Feds Opposed Hu... by mathattack on Wednesday August 17, 2016 @04:23PM (#12308127)

I'm not well enough informed to give a complete opinion on what's better, because it's a complicated solution. I do know some reasons why a public option might not be good. (This doesn't mean it's the wrong option - just considerations)

1 - When you eliminate competition, you lose innovation and smart cost control. Look at most monopolies for evidence of this.

2 - You wind up forcing a "one size fits all" on everyone. What if some people prefer a bare bones service, and others prefer an advanced one?

3 - How many things does the government really run well?

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Re:Aetna CEO Threatened Obamacare Pullout If Feds Opposed Hu... by st3v3r on Wednesday August 17, 2016 @04:56PM (#12308398)

1 is disproven when you look at other countries with single payer, and they have a much better handle on their healthcare costs than we do.

3 - about the same amount as the private sector.

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Re:Aetna CEO Threatened Obamacare Pullout If Feds Opposed Hu... by mathattack on Wednesday August 17, 2016 @05:43PM (#12308725)

On #1 there is a lot of data that suggests single payer can be cheaper. On innovation, other countries lag.

I disagree on #3, at least in the US.

Would we rather have Health Care run like UPS or the Postal Service?

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