An editorial “Obama numbers just don’t add up” praises the concept of mandatory basic health insurance, but then says “it can’t be done without increased costs somewhere along the line.”
It then adds, concerning the public option, “True, the government won’t require it. But it won’t prevent employers from switching to a cheaper carrier on the government-run option.”
WATCHDOG: President Obama insists that any public option be without government subsidy. What the insurers and their spokespersons are afraid of is that the far greater efficiency of Medicare in the administration of health care to seniors would cause the private sector to compete by becoming more efficient and eliminating excess profits due to market dominance.
Also, since employers are not required to provide health care now but do so to attract workers, why would most select the public option if it delivered inferior service? This dog doesn’t hunt!
