A New Public Insurance Program Won't Work
By Susan McGinnis
There's little doubt that Washington will move forward with health reform this year.
Central to many proposals is the creation of a government-run insurance plan that every American could purchase. By injecting more competition into the insurance market, this might seem like an intelligent way to lower overall health care costs. The truth, though, is that a "public option" would simply shift health care costs onto private payers -- and undermine the private insurance system in the process...
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