If a Public Option *did* "crowd out" private health insurance companies to bankruptcy, why can't there be ...?

Answers:1   |   LastUpdateAt:2012-05-06 00:58:23  

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Asked at 2012-05-03 00:54:23
new private firms that are presented below , to be more profitable?

The reason against a public option seems to be, if the Govt offers insurance for a really low price , then everyone will get rid of private insurance for government / public choice .
And thus all private insurers will go bankrupt and the Govt has a monopoly
.
But I do not understand is this :
What if that government monopoly itself eventually became too expensive?
Can not the new private insurance companies then jump up to force the price below the public option ?
Answer1kika Answered at 2012-05-06 00:58:23
The government will force private insurers to provide better service to the government if they want to stay in business . And now this needs to be done , because private insurers are taking shit service
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