On Health Care, a Public Plan Option is Destabilizing

By April 29, 2009Health Care

From KaiserNetwork.org’s essential daily reports on health care, “Public Plan Advocates, Opponents Step Up Efforts“:

[An] array of powerful business groups that serve on the steering committee for the National Coalition on Benefits last week sent a letter to House Ways and Means Committee Chair Charles Rangel (D-N.Y.) expressing “grave reservations” about creating a public insurance option. The letter states, “A ‘public plan’ option administered by the federal government is inherently destabilizing to the employer-based health insurance benefit,” as it “cannot operate on a level playing field and compete fairly if it acts as both a payer and a regulator.” The letter was signed by groups including the Business Roundtable, the American Benefits Council, the National Association of Manufacturers, the U.S. Chamber of Commerce, the National Business Group on Health, the National Retail Federation and the ERISA Industry Committee (Reichard, CQ HealthBeat, 4/27).

For more, see this National Coalition for Health Care Benefits’ news release and testimony submitted to the House Ways & Means Committee.

Join the discussion One Comment

  • Karl says:

    I’m not sure of the number but I think about 50 million Americans are uninsured. We are a population of about 300 million. I pay for my families health insurance to the tune of $8,000 per year. What’s the solution? Insurance companies cover only those whom they want to cover and weed out what they feel are bad investments. How about a solution to the problem instead of condemning every plan that comes along. Or is your only answer “Stop the law suits!” and everything will be fine?

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