thegreekdog wrote:Spurgistan, you sometimes actually answer my questions. Therefore, I have one for you.
Explain to me how the public option will compete fairly with private options when the "company" running the public option is taking money away from the companies running the private option in the form of taxes. Also, explain to me how the public option will compete fairly with private options when the "company" running the public option can run with a deficit without negative consequence.
Thanks.
Thanks for the quasi-compliment
Among other things, the public option in both house's bills is a
weak public option. It basically will cover people that insurance companies don't really want to cover (and are always thinking up ways to deny coverage to) Seeing as it has to cover the pariahs of the insurance world, it will probably be more expensive than private insurance (unless they suck. Isn't getting rid of sucky companies taking 30% of their money as overhead a good thing?)
I'm not sure what your point about the gov's ability to tax private insurers means. Unless your distrust of the government is that deep where you believe tax policy would be designed to destroy private tax plans.
Basically, my read on the public option (besides being a small part of the plan. I'm pretty sure most of my liberal friends are so vehemantly for it mostly because they're tired of caving to Republicans on literally everything) is that the public plan is designed to be a sort of cost-control, while ensuring that everybody has an option for insurance. It's really the most free-market sort of regulation I could think of, paradoxically.
The real big part of this bill is subsidizing employer-based insurance, which is guaranteed to be the basis of the American health insurance industry for a loong time. Trust me, single-payer will not happen during my (possibly rather short) lifetime, unless the public option turns into an unmitigated (deficit-reducing) success. In which case, your problem is....