Public option costs LESS

So the Senator from Aetna tried to claim that a public option for health insurance would cost too much.

WRONG!

According to the Congressional Budget Office, the public option in the current House bill saves $100 billion. A better public option would save more.

Matt Osborne explains:

Quite simply, a non-profit insurance plan doesn't have to waste 25-30% of all premium dollars trying to deny the claim. A nationwide public option would create a very large pool of ratepayers to hold down costs, and force insurance companies to compete in the exchanges. This would help keep down costs across the board.


http://www.huffingtonpost.com/matt-osborne/reid-doesnt-need-lieberma_b_341833.html