[mindslight]

It's ridiculously amazing that you're getting downvoted for your general point. Wishful thinking won't change market incentives, although it will help make some profiteers rich.

The young (and healthy) paying for the old (and sick) is a function that can only be provided by government, or bona fide charity. It's impossible for this to be provided by private companies because, in line with the denial behavior we're seeing, it's rational for any company to take on the overpaying low-cost customers, tell the underpaying high-cost customers to go elsewhere, and then pocket the surplus.

Having said that, I'm not personally a believer in single payer fixing everything. It certainly should be possible for routine care for financially able people to be provided completely on the open market. Immediate common-sense based reforms would go a long way. For example, hospitals/providers should be required to have one and only one price list for all payers, published months in advance. And the bundling of "insurance" with employment should be outright prohibited