The path to socialized medicine is painfully obvious. The government (state and federal) can drive up the cost of health insurance through mandates and other requirements, and then refuse to allow private insurance companies to raise rates to levels that make the business profitable. As private carriers exit the health insurance market, government "insurance" will be offered as the only alternative. President Obama is on record as saying that his intention is to drive private insurance into extinction over a ten to twenty year period. This purpose is being advanced across a broad front.
Do you really want a federal government that can and definitely will attempt to put legitimate companies out of business?