by Rick Lowe (http://www.weblogbahamas.com)
Anything Peaceful, Fee's Blog, points us to this AP article.The specific quote they direct us to is:
"A government-sponsored plan is among the options available through the exchange, with premiums estimated 10 percent lower than private coverage."If Medicare and Medicaid are bankrupting the US, making this government take over of the health care industry necessary as suggested, how will the government's plan charge lower premiums than the private sector? Particularly when government expenditure increases each and every year.
Is it possible that Americans will be taxed more to pay for it all and get worse results with their health care system?
That's certainly what the case is with other socialised medicine systems.As anything Peaceful asks, "will the government be able to undercharge its "competition" because of superior efficiency or because if has the taxpayers to fall back on?"
The other point they make is that if government is under charging, "isn't that what they call "predatory pricing"?"Finally, we can rest assured that whatever "logic" the US government uses to promote their cause of socialised medicine, we can expect to hear the same rhetoric in our election campaigns here in a couple years.
See the Anything Peaceful post here...
