Tuesday, September 20, 2016

The Real Health Scare

Hillary Clinton admits what liberal Democrats have wanted all along:
She says she will “defend and expand” Obamacare, according to Clinton’s campaign website. Her solution to the mass exodus of insurance companies from the failing exchanges across the nation is to institute a full-scale “public option.”

A public option would essentially “be a government-sponsored and government-run insurance plan, probably modeled on the traditional Medicare program, which would be offered to customers on the exchanges as an alternative to the private-insurance plans,” according to AEI.

Backed by taxpayer money, a public option would act in direct competition to private insurance plans on the exchange marketplace. A public option would not be in the business of competing for price equilibrium, as would be the case in any private marketplace where firms vie for competitive advantage in pricing to get the greatest share of the market possible.
It's the "affordable" option that really isn't...

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There Goes The Sun

Here comes the eclipse: