The Public Option

September 29, 2009 at 11:25 pm 1 comment

“We need this option because the insurance companies have failed to meet their obligation” to the public, said Sen. Jay Rockefeller, D-W.Va., accusing firms of putting profits over their customers. He said that without his proposal, consumers would face substantial premium increases once health care legislation takes effect.

Republicans countered that private companies would eventually be forced out of business, and argued that millions would be forced to get their insurance from the government.

Let me let this sink in.  Private health insurance giants would be forced out of business by the goverment plan because presumably, the private companies would not be able to run as efficiently as a goverment option, or provide the same level of service as a government option.  WHAT??  You Republicans spend 1/2 the time telling me that government run, socialized programs, are terribly innefficient and far inferior to private offerings – then the other 1/2 telling me how a government option would be so superior to the private option that these poor, deprived, only-doing-what’s-best-for-Americans, private companies would have to shut their ruby-encrusted doors. 

Which is it?? 

http://www.google.com/hostednews/ap/article/ALeqM5jlMpJGn28kqCcgU-aGcYE_ZHW-ywD9B1529G0

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1 Comment Add your own

  • 1. jonolan  |  September 29, 2009 at 11:49 pm

    Not exactly. The government doesn’t have to do a good job to run the insurance companies out of business. They just have to use a combination of anti-industry regulations – already in the current House and Senate bills – and a lower priced alternative.

    If companies can no longer afford private plans, or the fine for not providing them is less than the cost of the plans, they’ll stop offering them and force 100s of millions of American onto the government’s plan.

    Since the government doesn;t have to turn a profit and can hide some of its costs, this would be easy to achieve – even inadvertently.

    Reply

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