Monday, September 26, 2016

Public Plan B

The Obamacare option?
The idea is contentious, even at state and local levels. By offering cheaper rates, public-option plans can put pressure on private plans to reduce prices as well, helping consumers buy health coverage that is typically expensive.

But opponents say government-run health plans ultimately hurt the healthcare industry by destroying competition among plans and slashing reimbursements to doctors and hospitals.

Yet there may soon be some room for lawmakers to work together, as states grow increasingly concerned about rising rates and decreasing competition in the Obamacare marketplaces where their low-income residents are buying coverage.
Or were, before they couldn't...

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