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re: Biden: I Will Create A Public Option To Strengthen Obamacare

Posted on 8/19/20 at 10:34 pm to
Posted by LuckyTiger
Someone's Alter
Member since Dec 2008
45431 posts
Posted on 8/19/20 at 10:34 pm to
quote:

A public option is specifically designed to destroy private insurance in the long run Anybody who says otherwise is foolish. Because a public option can run huge deficits, it can undercut Private insurers on premiums It’s not competition when a company can survive in the red

Exactly.
Posted by Norbert
Member since Oct 2018
3194 posts
Posted on 8/19/20 at 10:38 pm to
It can't compete in quality, though.

There will be people willing to pay higher premiums for more choice and better options.
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