The article says that there is strong republican opposition to a public option because it will "handicap existing private insurance companies". Well, duh! That's what it is supposed to do. The private insurance companies do not want a public option because they cannot compete with it. Medicare operates with a 4 - 5% overhead. Private insurance companies operate with a 15-50% overhead. If you want to reduce health care costs, get private insurance companies out of providing primary health insurance.
What is what I would like to see:
- A public primary health insurance option open to all people
- Let private non-profit health insurance companies compete by provided primary care health insurance.
- Let private for-profit health insurance companies provide secondary coverage, such as gap insurance, cosmetic insurance, private hospital rooms, or whatever else they want to cover.