re: #663 lincolntf

“…so you wind up with a situation where new insurance plans purchased by individuals or small businesses are all de facto public plans. What effect that might have, I don’t know.”

The effect it will have is the intended effect.
Ins. companies will be forced out of business or will hike their rates so high that they’re available to only a tiny percentage of consumers. Obama has repeatedly said (in his special way of saying things) that he wants the money that currently goes to the Ins. Co.’s to go to the Government.

I’m not so sure about this, because all the existing plans will not be affected. I also don’t believe that Obama wants all the money currently going to the insurance co,’s to go to government, so much as he wants a check on the insurance co.’s
Also to reign in and fix medicare and medicaid.