Saturday, June 6, 2009

Health Insurance Options.

Greg Mankiw makes a good point regarding the Obama plan for health care on his blog today. While Paul Krugman argues that a “public option plan” will give Americans a “better range of choice, make the health care market more competitive, and keep the insurance companies honest”, Greg asks “Would the public plan have access to taxpayer funds unavailable to private plan?” Here is the debate. Readers of my proposal for France and Europe know that already: I suggest that the government should provide low income families with a “health care insurance voucher” and then let them choose, with the same buying power than richer families, the provider, whether private insurers or public insurer, in a fair competitive market. Assuming that the public insurer won’t get subsidies on the side …

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