Many people would also lose access to health care. Remember when a pre-existing condition meant you were fucked for life? It wasn’t that long ago.
Fully privatized, deregulated systems can work out great for people who are lucky enough to avoid financial hardships, bad planning, or being born into bad circumstances. I’d rather not just screw everybody else.
You're operating under the assumption that insurance companies would continue acting as they do now, even if there is much more competition.
Insurance companies shouldn't want to deny you coverage just because you have a pre-existing condition. They most likely would just charge you more, because you're at a higher risk of costing them money.
Of course they’ll just charge you more. That’s how it was before, too. But when the premiums are so high that you can’t possibly pay them, there’s no real difference between that and being denied.
Fully privatized, deregulated systems can work out great for people who are lucky enough to avoid financial hardships, bad planning, or being born into bad circumstances. I’d rather not just screw everybody else.