Speaker Nancy Pelosi | Current Legislation[/url]
* No more co-pays or deductibles for preventive care
* No more rate increases for pre-existing conditions, gender, or occupation
* An annual cap on your out-of-pocket expenses
* Group rates of a national pool if you buy your own plan
* Guaranteed, affordable oral, hearing, and vision care for your kids
So the government wants to limit what insurance companies charge and raise what insurance companies have to pay out in benefits to an infinite amount.
They will do this while saying the government plan with its unlimited financial resources (that's our money) will provide "competition"
To put it another way using an example of another failing government service that is costing us not the trillions that health care will but billions nonetheless, the Postal Service, the same government "competitive" model logic would work like this:
The government in its quest to provide equal access to package delivery services will mandate what Fed Ex and UPS can charge to ship something.
The price of shipping will be set at X dollars no matter if the package weighs one ounce or 100 pounds and no matter if the package is being shipped across town in 5 days or over night to Antarctica.
The Post Office will then guarantee that they can do all that and more for the same X dollars even though the math doesn't add up. the government will simply levy a tax on ALL people to pay for it. Sooner rather than later private package delivery will cease to exist and the only "option" will be the government run service.
That is the government insurance "option" in a nut shell