Country XYZ is considering a reform to reduce the pressure on its public health system. In particular, the number of people waiting for elective surgeries has increased steadily in the last 5 years and the government wants to reduce waiting times in the health system. You have been hired as a consultant for Country XYZ and have been asked to provide evidence about different policy options, with particular focus on the private health insurance sector. Use your economics knowledge and discuss the various possibilities of reforms and the likely impact on the public and private health system for Country XYZ.