I honestly believe that the passage of this bill into law would be the longterm death knell for healthcare via private insurance. Once people suffer like this bill would cause a large cross-section of Americans to suffer, there will be a reckoning with politicians and the end result in private health insurance being pushed out of basic healthcare in favor of a subsidized government model. If they're lucky, those companies will be allowed to operate in the fashion AFLAC does and provide additive coverage to basic healthcare.
Frankly in the case of healthcare, I think it will be cheaper for the American people and a positive for our economy to destroy a private business sector. I do not say that lightly because once it happens it will be very hard to greatly change the arrangement ever again. We already spend more public taxpayer money on healthcare by percentage of the GDP than Canada, Britain, France, and Germany who all have federalized health systems of differing styles and degrees. I think part of the reason why is because of our mixed insurance/government model to healthcare. Remove the private profit interest, let the government dictate what services rendered are worth and take over basic health services...leave the complicated stuff and research to for-profit hospitals that receive subsidies. I genuinely think it will be a net positive for our country because it would eliminate the massive personal debt caused by medical expenses thus allowing more purchasing power.