Threat of Public Option on Private Insurance

Discussion in 'Healthcare/Insurance/Govt Healthcare' started by GHook93, Aug 19, 2009.

  1. GHook93
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    GHook93 Aristotle

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    :confused:
    Someone seriously explain it to me. When I hear the pundit attack it they say, because then everyone will jump over to the public option you know that. If there other argument is that the private option is superior to any public option, then why are they scared? Why would people move over to the public option?

    This argument is not making sense to me. I have private insurance and it if the public option is as bad at what the pundits make it to be, then I will stick with the private option. I mean I have the choice of the cheaper HMO, but I choose the more expensive PPO because I like it better. Why won't that argument translate over to public vs private. If the government is going to run public to make it more attractive to people than remaining with private healthcare, why is that a bad thing?

    The other argument by the pundits is that these billion dollar organizations are going to voluntarily shut down and say we are offering health insurance anymore? Que? A company will voluntarily close its doors because competition moved in? I don't understand this one either. Like most other business they would either changed in order to compete or if they can't compete they go under? Yet most companies do all they can do before they shut their doors.

    You have to make a product people like and need in order for people to buy it. So if the public option is SO bad, if its so inferior to private insurance, why would someone switch? Where would the threat be?

    Dive, Willow or Allie please explain it to me! :confused:

    What I am seeing is the private insurance companies are seeing is competitions that is going to hurt there bottom lines enormously and they are shaking in their boots! So they are pumping a ton into a PR campaign!
     
  2. Ravi
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    Ravi Diamond Member

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    I agree, it makes no sense. On the one hand the right wing and the insurance companies claim that health care providers can't take any competition from the government while on the other they claim the government can't do anything right (which implies that no one will go on the public option).

    Pretty stupid, imo. But such is the dishonesty of those opposed to health care for all.
     
  3. chanel
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    chanel Silver Member

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    It won't be up to most individuals. We have a small business and pay for BC/BS - $12K a year. If the govt. offers a decent plan at $6K, that's what we'll switch our employees to. My husband can't wait. He doesn't get the big picture.

    And as far as the insurance companies doing commercials etc., I've heard the left is spending tons more on PR. Could be wrong. I don't believe half of what they say on TV anymore.
     
  4. Political Junky
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    Political Junky Gold Member

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    It's the health industry that's spending lots of money to scare people with lies about a public option.
    Why would they bother to spend $1.4 million a day to defeat change?
     
  5. GHook93
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    GHook93 Aristotle

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    Exactly, but it that government plan at $6K is as bad as the right says it is, then you will either switch back to the private plan or not make the switch to the government plan at all.

    The point is people will only switch to the public plan if its better than the private plan. If the argument by the right is that its not better, then what they hell do they have to worry about! If its better and will make the private insurers change their policies and procedures to (1) be more customer focused and (2) be better competitive in pricing and coverage, how is this a bad things for (1) large corporation's bottom lines, (2) small business's bottom line and (3) for the insured? :confused:
     
  6. GHook93
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    GHook93 Aristotle

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    Could it be fear of legitimate competition, that could severly hit their bottom line?
     
  7. WillowTree
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    WillowTree Diamond Member

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    well I like the rest of you am going to have to wait and see what the final bill looks like, but the one in contention places a whole bunch of restrictions on the private, sector health insurance companies, so if you move or change jobs your employer must meet the standards that the gov. will dictate or face a fine. you personally will either be insured or face a fine, they gave a pass to the illegals and will not fine them for not having insurance. I'm not sure the private sector can compete with the democwats in the government takeover of the health industry.






    http://blog.heritage.org/2009/07/16/does-the-house-plan-outlaw-private-insurance/
     
    Last edited: Aug 19, 2009
  8. Annie
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    Annie Diamond Member

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    I've waded through much of the bill, I don't see a 'going back' option. If you do, just let me know the section. Thanks.
     
  9. chanel
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    chanel Silver Member

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    What I'm saying is that MOST companies will switch to the govt. plan if indeed it is cheaper and just as good. It WILL BE SUBSIDIZED. The private insurers won't be able to compete. Not right away; but eventually.

    The danger is that most employers will go with the cheaper plan whether it sucks or not. Hence in five or ten years, there will be no private plans. Except for Congress and uber-rich.
     
  10. Annie
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    Annie Diamond Member

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    I understand that, which is the point of over 1/2 the country saying 'no', considering the vast majority want reform, but keep their own plans. You're right, the public option would kill other plans within 5-10 years, max. Again, within the bill i see no 'return section.'
     

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