Originally posted by graphicgr8s If what they are planning is so great then our reps should put their money, I mean life, where their mouth is. They need to use the same system we will have to.
They already do, with choices between public and private plans. Republicans just don't want everyone else to have the same options.
Quote: The Obama says it will increase competition. It's really hard to compete with something that can either print more money or just tax its citizens more. It will drive insurance companies out and there will be no real choice. Rationed care.
That makes no sense. Every individual will pay for their own health care, with the public or private plan of their choice, with their own money (or government help when necessary), according to their needs. The government does not "print money" to pay for anyone's care, any more than private insurance companies do.
The financial advantages that the government has that private insurance companies don't is a) huge numbers of subscribers, which mean more bargaining power, b) much lower overhead/administrative costs (including utterly insane executive salaries), and c) it needs to just break even, and not pay dividends.
As it is now, only a fraction of your private insurance payments is actually going to medical care, while the majority goes into administrative costs (most of which, ironically, is devoted to limiting your care when you need it the most), investors, and executives.