Public health insurance option: Does a public option increase competition?

  • Yes it will

    It may cause more competition in the health insurance industry for obvious reasons and so therefore I chose the agree option because most of the public can not afford to pay the premium prices of the non public insurances and so this may provide them with a more affordable alternative.

  • Public options keep insurance companies more honest.

    The United States market is based on supply and demand. Public insurance options also respond to supply and demand. If the consumer has other options, the insurance companies will become more competitive with rates so that you will shop with them instead of going elsewhere. Public options help keep insurance companies more honest. Competition is healthy for all involved.

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