Illusions of Cost Control in Public Health Care Plans

Illusions of Cost Control in Public Health Care Plans:

One of the most hotly debated proposals in health care reform is the establishment of a new 'public plan'--a health insurance program operated by the federal government and modeled on Medicare. In most variants of this idea, the public plan would 'compete' with existing health plans currently offered by employers, in the individual insurance market, and/or in a new national health insurance exchange. President Barack Obama has recently expressed support for this idea:"