Agree. I don't wish anyone harm, but there is no economic argument for United Healthcare to exist and propagate their negative externalities on Americans.
Private health insurance serves no productive economic function, and merely acts as a rent-seeking middleman that reduces efficiency and raises costs in the healthcare system.
1. Cost containment: private insurance does not contain healthcare costs, but rather makes them worse due to the overhead and profit-taking by insurance companies, as well as their ability to negotiate higher prices from providers.
2. Coverage expansion: private insurance does not expand healthcare coverage, but may actually restrict it due to insurers' incentives to enroll lower-risk, more profitable customers while avoiding higher-risk, costlier ones.
3. Access to care: private insurance does not expedite care, but rather slows it down as a result of the administrative burden and approval processes required by insurers, as well as their ability to restrict access to certain providers or treatments.
From an economic perspective, private health insurance fails to provide the kind of market-based efficiencies and benefits that could justify its existence. Instead, it suggests the insurance industry acts as a parasitic rent-seeker, extracting profits without adding commersurate value.