October 30, 2009
The public insurance option would typically charge higher premiums than private plans available in the exchange, according to the Congressional Budget Office analysis of the House bill.
But, I also found this interesting:
That surprising conclusion raises doubts about Democratic promises that a government-run insurance plan would provide a lower-cost alternative to consumers. At the same time, it calls into question Republican charges that the plan amounts to government takeover of health insurance -- because only 6 million people would enroll in the plan, according to the CBO.
Maybe so. But if only 6 million people would enroll in the Public Option , why was Obamacare so important and a matter of life or death that HAD TO PASS YESTERDAY!1!11?
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