Friday, June 26, 2009

Socialized medicine

I have heard much discussion about how people are not able to agree on the new Health Care System details. Specifically some won't vote for it unless it has a public insurance option while others will only vote if it doesn't.

I fail to see how any for-profit (private) insurance company can compete with a government sponsored not-for-profit insurance company. Won't the latter always be cheaper? So it seems to me that, in a free market, adding a government health care provider will drive all the private companies out of business.

So the question to me seems to be: Is that what we want?

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