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Since healthcare is also often a life-or death issue, a socialized approach, where profit concerns are removed from the equation, is the best answer.
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So ridiculously stupid. This "argument" applies much more strongly to food than it does health care. Why don't we have "Universal Food Coverage", where a centralized bureaucracy plans the production and distribution of food? After all, it worked so well for China and the Soviet Union.
What he's saying is, "Because health care is so important, why don't we put it into the hands of the type of organization known to be the least efficient, the bureaucratic monopoly?"
What a tard.
Edit: All of which is off topic to your post about for profit compulsory insurance. The problem with this is that government cannot stop meddling with the insurance company, either. So People are compelled to pay exorbitant amounts for premiums that mostly cover risks that don't apply to them. More and more people will qualify for assistance to pay for the sky-rocketing insurance, until the whole system will be totaly socialized.
Insurance.
Hey, but I'm sure the insurers will LOVE it. What company wouldn't want the government to compel everyone by force to buy their products?
Universal pony coverage for everyone!