Jun 19, 2009 - 5:14 pm
Insurance companies should prove public option won't work
June 17, 2009
Opponents of a public option for health-care coverage should stop deluding themselves into believing private health insurance companies don't already ration health care when they deny coverage to applicants with pre-existing conditions or disallow a claim submitted by a client for a life-preserving procedure.
Insurance companies are only concerned with their respective bottom-lines, not health-care delivery, and fear competition from a public option having health-care delivery as its sole objective.
Facing competition from a public option might compel private health insurance companies to reduce executive compensation, trim bureaucracies and paperwork, simplify policy language and eliminate exclusions and reduce client premiums.
If private health insurers really believed they had superior products to what the government might offer, they would demand market competition to prove it.
-Richard A. Kosinski, Chicago
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