No, it isn't. You'd have to define "developed world" here to make your argument more clear, but more importantly you'd have to define insurance in general if th

No, it isn't. You'd have to define "developed world" here to make your argument more clear, but more importantly you'd have to define insurance in general if the government is stepping in to control those markets. If we just want healthcare to be covered for the entire population that's fine, but don't call it insurance.