Please watch this video and tell me if this makes sense to you?
He seems to be arguing that the only way a public option will be able to guarantee a low enough price is if it is national and huge, rather than smaller and regional. Then he says that when it offers a lower price than smaller, regional insurers, they will be forced to lower their prices to compete. So, correct me if I am wrong, but he seems to say that it is impossible for a small, regional public plan to guarantee low prices, but it is somehow possible for a small, regional private plan to guarantee low prices. If that is the case, then it follows that private insurers are more efficient than a government insurer. If it is not, then he just wants to drive the private insurers out of business.
I don't know if it is possible here to have a rational intelligent debate without all the name-calling, but please try. Tell me if you think Reich is trying to say here if you believe he is a good spokesman for the cause.2 AnswersGovernment1 decade ago