[mdmull]

But - the government wants to turn coverage, even private coverage, into a utility - not insurance. There is in most of the current bills being debated, some sort of minimum loss ratio that insurance companies will be required to meet. Now it is a utility - losses go up, rates go up - losses go down, rates come down. This stifles invention, makes the business less profitable, economy of scale enhances business model, presto - less competition & even if "private" is monopolistic & not very different from single payer. - ComEd & ConEd aren't really much different to their customers.