Milei's insurance revolution: Private policies and agencies to eradicate public services
english.elpais.com
Milei wants private insurers to replace Argentina's state in healthcare and pensions — a live test of whether markets can do what governments built over a century.
Public Choice TheoryPrincipal-Agent ProblemPrivatization TheorySocial Contract Theory
Theory Briefing
- Milei's plan hands functions like healthcare and pensions to private insurers, dismantling state roles built over decades.
- The shift treats citizens as customers rather than rights-holders, a fundamental change in how social protection is structured.
- Argentina becomes a real-world experiment in whether private agencies can deliver universal coverage without a public backstop.
- Critics and supporters clash over whether competition lowers costs or leaves the poorest without a safety net.