Edwards Healthcare plan uses the marketplace to destroy insurance companies

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Forum Name General Discussion
Topic subject Edwards Healthcare plan uses the marketplace to destroy insurance companies

Topic URL http://www.democraticunderground.com/discuss/duboard.php?az=view_all&address=389x2266509#2266509
2266509, Edwards Healthcare plan uses the marketplace to destroy insurance companies
Posted by LSK on Mon Nov-12-07 02:59 PM

He will be offering a Govt Medicare-modeled program to everyone. People would be free to choose this program or private insurance.

The key thing is that Medicare will always be cheaper and offer better coverage as it is a not for profit system.

Edwards is using the marketplace to destroy the current system by offering this Medicare like alternative.


Choice between Public and Private Insurers: Health Care Markets will offer a choice between
private insurers and a public insurance plan modeled after Medicare, but separate and apart from it.
Families and individuals will choose the plan that works best for them. This American solution
will reward the sector that offers the best care at the best price. Over time, the system may evolve
toward a single-payer approach if individuals and businesses prefer the public plan.

http://www.johnedwards.com/about/issues/health-care-overview.pdf



Edwards plan has been praised by Paul Krugman and Thom Hartmann.