What happens to private health insurance companies if American health care is nationalized? and IMG_1537_1600x1067

What happens to private health insurance companies if American health care is nationalized?

Few would be willing to dish out for private coverage while they are receiving health care from government taxation. Would the private health industry perhaps dwindle down to a few big players and be forced to take a hit by improving coverage and care?
I'm well aware health care won't be nationalized. I meant to indicate this is a hypothetical question.


Taxation best answer:

Answer by src50
It is not going to be "nationalized."

Taxation

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