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Overnight Open Thread

368
lawhawk2/22/2010 7:40:26 am PST

re: #344 ShaunP

Compete with the private insurers? On an even footing - meaning that the government option has the same footing as the private insurers, can’t run deficits that get bailed out by the government unlike insurers that have to raise premiums to cover their costs, and that the policies provide similar/identical coverages?

If the government insurer can run deficits and has to impose various penalties for compliance - like penalties if you do not seek to obtain insurance, is that fair to the private insurer? The private insurer can’t force anyone to join, but that’s central to the government’s proposals.