Candorville (6/25/09)

06-25-09 (Candorville)

While I’m certainly not an expert on the subject, I have been following the debate over the proposed tweaking (and expansion) of our current healthcare system with some interest. A number of pundits have expressed concern over the inclusion of a government-run insurance plan that would compete with private plans. According to their logic, the government plan would be priced so low that it would put private insurers out of business. I find that scenario to be highly unlikely. Look at higher education, for example, where private universities, private trade schools and large state campuses have thrived alongside each other for years. If the government can’t carve out a monopoly in higher education (despite the amount of money it spends) then why would we be worried about the government dominating the healthcare market? If anything, the inclusion of a “public option” to compete with private plans might just keep everyone honest.

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