A frequent assertion by the commercial health insurance industry, echoed by mainstream media and many candidates, is the need for greater 'choice' of private health insurance. However, experience demonstrates that 'choice' remains with insurers, who arbitrarily drop unprofitable plans, medicines, doctors and hospitals, too often leaving the insured high and dry. Insurers can and do choose to cover the healthy, more profitable clients, and drop the sick. Insurance science proves that a single large risk pool insurance like traditional Medicare is much more actuarially sound and financially sustainable than multiple administratively complex small risk pool commercial insurers.
Pretense of Private Health Insurance 'Choice' Michele Swenson, HCACF Board member and producer of the Truthseekers Health - Justice podcasts