[orange-mentor]

Health _insurance_ would ideally become a market that simply ceases to exist. It's a uniquely pathological case of market failure.

I've got no love for drug company lobbyists, but drug companies do actually manufacture real things.

Health insurance companies are different.

Once it becomes a government benefit, there are no more lobbyists. There is no market actor to lobby on behalf of, because the market ceases to exist.

[lxm]

The regulatory capture would be not by health insurers, but by healthcare providers, who are the final recipients of the healthcare spending anyways.