“If the statute is allowed to remain as originally written the US will have single payer government health care. That is what the insurance companies want. “
LOL! Why would insurance companies want something that would put them out of business!
Good question.
Although if one pries away a few layers of the health insurance industry, they may find that the owners (shareholders) are not the same people as those that run the various companies. If the government promises the handful of elite controllers of said companies a golden opportunity, they may well defy the shareholders (those millions of us that own shares outright or through mutual funds in our investments and 401K plans) and push forward with the self-enriching scheme to liquidate their companies in favor of the spoils of government largess.
How many of these jack wagons actually vote democrat? You can be voting for democrats if you prefer freedom and free enterprise.
It won’t put them out of business. You can be sure they will find a way to keep a hand in. One way is by pushing to allow a secondary private supplemental insurance market. Several proposed plans call for such policies to be permitted.
It won’t put them out of business. Anymore than Medicare has put them out of business. I don’t think insurance companies figured on so many people simple opting for a penalty rather than purchasing mandated coverage.