For the retirement industry, the discussion around health care reform is important, as the health care system accounts for one-sixth of our economy. (Photo: Getty)

The debate on the future structure of the U.S. health care system has centered on the Affordable Care Act and legislation which would repeal and/or significantly alter ACA provisions.

However, given its complexity and the differences of opinion, the basic discussion as to how the U.S. health care system should be structured has been going on for the past half-century or more.

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