Posted on 07/06/2009 1:40:15 PM PDT by Dysart
Should the government get in the health insurance business?
The question will be debated fiercely in coming months as President Obama and some Democratic lawmakers push for the creation of a government-run plan to compete with private insurance companies for the business of nearly 50 million people who are without insurance.
Insurers say they fear they will be driven out of the business, unable to compete with the government’s market power to demand lower prices. Other critics warn of another unwieldy federal bureaucracy subject to the whims of Congress. But supporters say private insurers have failed to offer affordable coverage to all Americans and that the government needs to step up.
It won’t be the first time. The federal government is already in the health insurance business in a big way, providing coverage to more than 45 million elderly and disabled people through Medicare. (Another government plan, Medicaid, is run and financed in combination with the states to provide health care to about 60 million poor people.)
(Excerpt) Read more at nytimes.com ...
One in five Americans is poor?
The goal is 100%.
If Medicaree is so good, how come it’s going broke???
Why don’t thses Washington asshats fix Social Security and Medicare before they bankrupt the rest of the US economy??
It’s a scheme that’s imploding because of the strain of far too many people benefiting fr it. For one thing, ppl were not supposed to live this long. It can only get worse despite attempts to cut costs. The idea of legalizing illegals may factor into the D’s plans to help support this scheme for the larger, aging population.
Disclaimer: Opinions posted on Free Republic are those of the individual posters and do not necessarily represent the opinion of Free Republic or its management. All materials posted herein are protected by copyright law and the exemption for fair use of copyrighted works.