alt Hacker NewsYou don't need the insurance industry sticking their dick in most of the business they do. Insurance is for the foreseeable but unforecastable, not for routine things.
The additional overhead is substantial and adds huge marginal cost for routine things and say nothing of the principal-agent problem
You could zero out every dollar American insurers make and not materially alter consumer health care economics; their share of the health care pie is almost literally a rounding error.