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jamesfirecat2/25/2010 11:42:12 am PST

re: #60 lawhawk

Public option provides “competition” that has government backing and financing that enables them to undercut the private insurers. The government policy could take loses and simply raise tax revenues to cover the difference, while an insurer would be limited in how much they could raise premiums, hitting them from both ends. It’s not exactly competition on a level playing field.

But if it’s competition we want, why not let states open up insurance to those policies already acceptable in other states.

What about a government option that’s started with government seed money, but if it can’t find a way to break even after a certain period of time then we let it cease to exist?