« Open Blog | Main | WaPo's Descent into Hackery Continues »
September 02, 2009

Hennessey: Removal of the Public Option Doesn't End Mortal Threat to Private Insurers [jdub]

With all the talk today about Obama’s possible introduction of the “public option” component of HealthCareReform to the ventral aspect of a large passenger conveyance, it’s worth keeping in mind something Keith Hennessey noted a little while ago. He calls the bill a “belt-and-suspenders” plan, and suggests somewhat compellingly that even with the public option gone, the bill will likely still create a framework within which private insurers are driven out of business or undergo de facto nationalization:

The ultimate fear of having a government-run “public” option is that it will crowd out private health insurance, and that ultimately most Americans will be getting their insurance from the government. At the same time, I hope that opponents of Kennedy-Dodd and the developing House Democrats’ health care bills don’t miss a critical point. Even if the public option is successfully stricken from this legislation, the Kennedy-Dodd goals will be largely achieved by other parts of the bill.

[…]

If the government determines benefits, cost-sharing, relative premiums, expenses, and profits, and can take funds from one health plan and give them to another, then the insurance function is governmental.

He lays the specifics out at the link.

So, while there are encouraging signs on the HealthCareReform front, it’s important to remember that there are many different and damaging elements within the proposed bill(s,) and that the removal of the public option is not an all-clear.

Unrelated but magnificent performance art below the fold.


Ukrainian Woman Recreates Second World War In Sandbox

digg this
posted by xgenghisx at 03:14 PM

| Access Comments




Recent Comments
Insomniac - mostly stable : "One of my all time fave P&F songs is "Weaponry" as ..."

IllTemperedCur: " 431 Best animated sequence ever -- the opening o ..."

The Last Man at the CDC: "I like it when autistic children screech on top of ..."

Ignoramus: "" how long does the shutdown go on before the Dems ..."

qdpsteve: "Remember the name of the heavy metal band in KOTH? ..."

Roc Ingersol : "I totally disagree about Hank and Bobby being a fl ..."

MAGA: "290 ''Congress' inability to reach a budget agreem ..."

rickl: "[i]505 How did auto correct get violent out of cou ..."

Castle Guy: "I'm a huge animation, although really stylized ani ..."

Mark Andrew Edwards [/i] [/b]: "494 Or, a Cotton Hill episode. Great stuff. Pos ..."

Skip: "Its for the Dreamers so suck it up ..."

otho: "otho, true, Bobby was never that interesting. ..."

Recent Entries
Search


MuNuvians
Polls! Polls! Polls!
Frequently Asked Questions
The (Almost) Complete Paul Anka Integrity Kick
Top Top Tens
Greatest Hitjobs

The Ace of Spades HQ Sex-for-Money Skankathon
A D&D Guide to the Democratic Candidates
Margaret Cho: Just Not Funny
More Margaret Cho Abuse
Margaret Cho: Still Not Funny
Iraqi Prisoner Claims He Was Raped... By Woman
Wonkette Announces "Morning Zoo" Format
John Kerry's "Plan" Causes Surrender of Moqtada al-Sadr's Militia
World Muslim Leaders Apologize for Nick Berg's Beheading
Michael Moore Goes on Lunchtime Manhattan Death-Spree
Milestone: Oliver Willis Posts 400th "Fake News Article" Referencing Britney Spears
Liberal Economists Rue a "New Decade of Greed"
Artificial Insouciance: Maureen Dowd's Word Processor Revolts Against Her Numbing Imbecility
Intelligence Officials Eye Blogs for Tips
They Done Found Us Out, Cletus: Intrepid Internet Detective Figures Out Our Master Plan
Shock: Josh Marshall Almost Mentions Sarin Discovery in Iraq
Leather-Clad Biker Freaks Terrorize Australian Town
When Clinton Was President, Torture Was Cool
What Wonkette Means When She Explains What Tina Brown Means
Wonkette's Stand-Up Act
Wankette HQ Gay-Rumors Du Jour
Here's What's Bugging Me: Goose and Slider
My Own Micah Wright Style Confession of Dishonesty
Outraged "Conservatives" React to the FMA
An On-Line Impression of Dennis Miller Having Sex with a Kodiak Bear
The Story the Rightwing Media Refuses to Report!
Our Lunch with David "Glengarry Glen Ross" Mamet
The House of Love: Paul Krugman
A Michael Moore Mystery (TM)
The Dowd-O-Matic!
Liberal Consistency and Other Myths
Kepler's Laws of Liberal Media Bias
John Kerry-- The Splunge! Candidate
"Divisive" Politics & "Attacks on Patriotism" (very long)
The Donkey ("The Raven" parody)
News/Chat
Archives
Powered by
Movable Type 2.64