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URL:  http://boards.fool.com/quotas-numerous-posters-on-the-fool-have-30522535.aspx

Subject:  Re: Paula Priesse on 0'Care Date:  2/3/2013  2:14 PM
Author:  whyohwhyoh Number:  669973 of 873599

"As numerous posters on the Fool have repeatedly pointed out, private health insurance companies offer _no_ added value to the equation."

Almost laughed coffee up through my nose on this comment. The incompetence of some amazes me.

Good private health insurance companies are a great value. The best insurance companies work to negotiate with hospitals and doctors the lowest possible cost to deliver medical care. Good insurance companies work hard to make sure they have contracts with the best/most popular local hospitals, otherwise they will lose customers. They work to keep administrative costs down, so they can offer competitively priced medical plans to subscribers.

Government single payer systems are the opposite.

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whyohwhyoh
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