Friday, October 30, 2009

CBO: Public plan premiums will be more expensive then the 'health exchange' premiums by private insurers

Thanks again to the Politico for reporting this:
The public insurance option would typically charge higher premiums than private plans available in the exchange, according to the Congressional Budget Office analysis of the House bill.


Again, completely predictable. The government plans to take over the insurance... and it costs more.

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