Originally Posted by George
If it isn't tilted too badly. The Govt doesn't make a profit & doesn't have to on Govt Insurance. Bad chases out good. If you think wal-Mart crowds out the little guy, just wait for the Gov't option. I'm sure most employers would love to dump the insurance plans.
The way things work around here is that public health only offers basic care, doctors visits, emergency rooms/surgery, etc. if you have on going health issues it will be picked up by public health so you are not going to be dumped out on the street, Private health offers the same and elective surgery (depending on the package chosen).
Public Health = Basic coverage, you will not be turned away and you will get long term help for ongoing problems = Free (Think of it as stay at a Back Packers Inn).
Private Health = All the bells and whistles, private rooms, elective surgery, 1 on 1 care = Monthly Fees (Think of it as a stay at the Ritz).
Essentially the two do not compete and do not need to compete as they fill two completely separate areas.