Nicki and I spend nearly $14,000 on premiums, deductibles, co-payments, and travel for treatment in an average year. Should universal health care become the law of the land, the private insurance business would take a $600 billion hit. As you might imagine, health insurers are a little worried.

In the past, universal healthcare or socialized medicine has been taboo with the fear of panels making decisions of life or death, long waits to see physicians, no choice of treatment, and a shortage of health care professionals under government payment. Those are the concerns along with increased abuse...