Tuesday, May 12, 2009

Why Obamacare will NOT work

New Public Plan “Option” Will Not Improve America’s
Health Care
Health care reform is becoming a major topic of discussion in Washington. In particular, there has been a lot of talk about creating a new public plan “option” to compete with private insurance plans. But there is one major problem: there is no such thing as a fair competition when the government is both a competitor, and the referee.

The creation of a public plan would allow the federal government to both compete in the market (by having its own plan), and to regulate that same market (by making the laws that govern it). In the absence of a level playing field, a public plan would increasingly crowd out private health care options, paving the way to a single-payer, or government-controlled, health care system.

Read More:
http://www.heritage.org/Research/HealthCare/upload/bg_2267.pdf

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