GOP senators warn Obama on health care
President Barack Obama is making a mistake on health care by insisting on a government insurance option for the middle class, influential Republicans said in a letter to the White House released Monday.
It could cost him chances for broad support across the political divide, the nine lawmakers, all members of the Senate Finance Committee, warned.
(AS IF he were going to get their help anyway)
"Obama says his plan would allow Americans to keep private coverage. But many Republicans say that once a government insurance program is created, it will eventually dominate the market, and drive private insurers out of business.
Most Democrats support creating a public plan to compete with private insurers, but even they are divided over critical details. In the House, a rift has opened between conservative and liberal Democrats over a government plan.
The one Finance Republican who did not sign the letter was Sen. Olympia Snowe of Maine. Snowe has been trying to find a compromise through which a government plan would be available as a last resort, if health insurance remains unaffordable for many families even after Congress overhauls the system.
"If individuals are not offered affordable choices, the use of a fallback public plan as a last resort plays a critical role," said Snowe.
About two-thirds of Americans now have private insurance coverage, the vast majority through job-based plans. But there is one government health program that enjoys widespread political support.
Medicare, created for seniors more than 40 years ago, has defied the predictions of critics that it would usher in an era of socialized medicine. Though the government controls every aspect of the plan, Medicare recipients enjoy a wide choice of doctors and hospitals.
Some Democrats want to set up a Medicare-like plan that would, for the first time, offer government coverage to middle-class workers and their families." more at link
news.yahoo.com
"But many Republicans say that once a government insurance program is created, it will eventually dominate the market, and drive private insurers out of business."
And why would it do that? Because it would cost less, provide choice, and not restrict purchases because of pre-existing conditions.
If private insurers cannot compete with bad ol' evil ol' gub'mint public option health care plan.... they should just go and shoot themselves anyway, right?