Health Insurers Fight a Public Plan, but Rarely Each OtherCatherine Arnst
Health insurers are on board with many congressional proposals for health-care reform. But they are vociferously opposed to the creation of a publicly financed insurer, arguing that they couldn't possibly compete against a low-cost public plan that has no need to earn profits. They may have a point. Many economists say insurers face very little competition now across large swaths of the U.S.
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