You can fund private insurance via taxes as well. That's not a limit to private market insurances.
But I tell you one thing that really affects why insurance sucks: that you get sweet tax exemptions if you get it through an employer, and to be an insurance that works through an employer you need to overcome massive regulatory hurdles.
I wonder if the increases in the gig economy (ride sharing, charging, food delivery) will lead to more people eligible to file these incomes as sole proprietorships, allowing them to deduct health insurance.
But I tell you one thing that really affects why insurance sucks: that you get sweet tax exemptions if you get it through an employer, and to be an insurance that works through an employer you need to overcome massive regulatory hurdles.
Welcome to the world of regulatory capture.