Why Public And Private Health Insurance Cannot Coexist

June 24, 2009

President Obama does not buy the argument that a government-run health insurance program would drive private insurers out of the business. He ought to think about Medicare. Since Medicare was enacted in 1965 to insure elderly Americans, comprehensive private insurance for that segment of the population has disappeared. There are plans that cover items that Medicare does not, and there are private insurers that are paid by the government to …

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