Because they cannot make money off it.
That’s not quite true. France has the best health care system in the world, in terms of outcomes, at about half the cost per GDP vs the US. France has a private system with a public option.
However to make those savings and achieve those outcomes they have made it mandatory that private health care operate as non profits. They have either reinvest profits in operational costs, capital cost or labor costs. Profits not reinvested are returned to premium purchasers.
So how does this work? Because there’s still competition between private sector insurance providers as salaries, raises and bonuses are tied into efficiency. An executive manager can still earn substantial bonuses and salaries.
Does this cost more than purely socialized systems? Yes, significantly so but far less than the insanity which is the US “Supply Side” Healthcare system in which costs and outcomes are secondary to profits.
I think that we will be seeing more calls for Healthcare reform as a fallout from the opiate crisis which is a prime example of why deregulation in healthcare is a real bad idea. With forethought and malice some pharmaceutical companies, solely due to greed, created the opiate epidemic and made over a hundred billion in revenue at a cost to our nation of several trillion dollars, not to mention the human cost.
The accountability stage has began as the corporations responsible for this crises and the loss of human life are being held accountable are getting their asses sued off. Purdue Pharmaceutical has already filed for bankruptcy protection and Johnson and Johnson and Cardinal Health are knee deep in the shit too. I’m not convinced though that they will be held fully to account as we all know that ultimately our system is rigged to protect these drug lords.
What the American public is waiting to see is if we see a repeat of what happened in 2008. Will these companies get bailed out from complete financial ruin by the government and will the executives at these companies responsible for the huge cost and loss of life be held criminally accountable? Fuckin Pablo Escabar was a rank amateur compared to these assholes.
So far not one major pharmaceutical executive has been arrested or criminally prosecuted and only a handful are looking at the financial loss of their ill gotten gains. So if we have a repeat of 2008 it will just be another example of just how badly our system has become rigged when these pricks with blood on their hands walk away scott free with their blood money while us taxpayers pay trillions of dollars to repair the damage they have done.
I’m so cynical now I doubt that a single one of those pricks does a day in jail when they should be tried as murderers and executed just like any other fucking drug lord.
Now that I’m off my soap box and getting back to your question is why the hell would they permit a private/public option when there’s so much money to be made and our system is rigged against by our emerging oligarchy?
Obama’s single greatest legislative legacy is also his greatest failure. At that time he could have implemented a public option with an existing and workable framework already in place that would have been hugely popular and a third rail for conservative politicians. That is a public option to by into Medicare via your payroll tax.
Instead Obama came up with this Rube Goldberg device, the PPAACA or ACA for short. Which is to be far to complicated. His rational was he wanted bipartisan cooperation from Republicans instead of just unilaterally having Democrats implement a public option via Medicare. Well that backfired on his ass as he couldn’t get any bipartisan support for the ACA so Dems had to implement the ACA unilaterally. Irony of Ironies.
So the answer to your question as to why Republicans (or Democrats for that matter) won’t support a public option is why should they? We have a system rigged in the favor of the powerful and wealthy and they don’t need to give two shits about us. Let us eat cake is the reality of the situation and we will never see any meaningful reforms to our healthcare system by either party until we’ve dealt with inequality and denutted the Oligarchs who now rule our nation.