…and Why We Need It Now
Remember the big debate in the Congress about whether or not the ACA needed to create a public option to private insurance in order to make the new exchanges be competitive and serve all consumers. This proposal was defeated and left to die pretty much without a whimper.
Now we are just beginning to get a look at the participation of insurance companies in the new exchanges and are seeing why the public option was so important.
One of the supposed benefits of these exchanges is that there will be lots of competition among private insurance companies and a public option was simply unnecessary. Read more