How can we balance the public good of healthcare with our privatized system?  

Health insurance is viewed as a necessary evil. No one wants to be faced with thousands of dollars of healthcare costs for an unexpected medical emergency. Firmly entrenched in the health care system are health insurance companies, serving as the intermediary between patients and healthcare providers. In doing so, the administration of health insurance absorbs around 8 percent of every health insurance dollar spent in the U.S.

With health care spending topping $4.5 trillion in 2022,...