An acceptable, but less comprehensive, standard would instead differentiate between medical care “needs” for citizens to achieve high-class outcomes and medical or non-medical “wants” that, while valued by patients, contribute only indirectly to population health. It is exactly at this juncture that private insurance is able to play a major role in the health system.
Since the mid-1990s, adjusted for the effects of mergers, assets of banks smaller than the largest 1,000 have grown at an average annual rate of 13.8 percent, more than twice the pace of the largest 1,000 banks.