All systems have capacity limits. This is even a compsci problem: queues. Whether your system is public, private, or a combination of both, under extreme demand that exceeds your workload capacity, you'll either be overwhelmed (and drop work) or apply back pressure (both which will appear as rationing of healthcare; you have no choice but to ration when supply is limited). There are only so many doctors, nurses, ICU beds, and ventilators.
Note that in Italy and Spain, reverse triage is being done based on your at risk status, age, and other complications. If you're young and healthy, you take priority. I imagine the same will be done in the US, and those who are more likely to survive will be provided with ventilators and other medical equipment to survive, not those who can pay or with insurance; medical practitioners are making the call, not the chargemaster and CFO.
Public healthcare systems won't need a bailout, they're already government supported. We'll move money around on the nation state balance sheet and move on. Private systems though may not survive. That's culture though, so perhaps you're right.
Note that in Italy and Spain, reverse triage is being done based on your at risk status, age, and other complications. If you're young and healthy, you take priority. I imagine the same will be done in the US, and those who are more likely to survive will be provided with ventilators and other medical equipment to survive, not those who can pay or with insurance; medical practitioners are making the call, not the chargemaster and CFO.
Public healthcare systems won't need a bailout, they're already government supported. We'll move money around on the nation state balance sheet and move on. Private systems though may not survive. That's culture though, so perhaps you're right.