All true, but not necessarily relevant (the Massachusetts public option is funded by a regressive fee structure, and a federal option may also be), and not the reason the insurers fear the public option.
Health insurers exist for the same reason all other private companies exist: to maximize shareholder value within the parameters of their niche. A public option would change those parameters and lower shareholder value.
Which non-shareholders have no reason to give a damn about.
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momijizukamori
no subject
Date: 2009-09-11 02:45 (UTC)Health insurers exist for the same reason all other private companies exist: to maximize shareholder value within the parameters of their niche. A public option would change those parameters and lower shareholder value.
Which non-shareholders have no reason to give a damn about.