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Only a robust non-profit public option insurer has the competitive influence to bring down premium costs offered through the exchange.
But Sen. Schumer and Congresswoman Pelosi have a point – and the pointy end of it is now your responsibility Mr. President and Mr. Speaker: you don't get off the hook by just describing what you hope will be competitive markets or deregulated savings are a host of other economic theories that may or may not actually bring down premium prices.
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"Will other things bring down premiums to make those tax credits more meaningful?" Mr. Fronstin asked.
This could bring down premiums 25percentt below what they would otherwise be.
In short, premiums would be higher still.The government could bring down premiums by taking over long-term health risks, which are unquantifiable and hard to price.
He invited Republicans to suggest "a better approach that will bring down premiums, bring down the deficit, cover the uninsured, strengthen Medicare for seniors, and stop insurance company abuses" — knowing full well, of course, that they have no such approach.
Mr. Romney and Mr. Ryan insist that the magic of competition among health insurers — both private plans and a public option like Medicare — will bring down premiums.
He repeated his challenge that if anyone else in the political spectrum had a better way to bring down premiums and cover the uninsured, "let me know".
But if anyone from either party has a better approach that will bring down premiums, bring down the deficit, cover the uninsured, strengthen Medicare for seniors, and stop insurance company abuses, let me know.
Indra Levy Palo Alto, Calif., Jan . 28 , 2010o Toe Edithe: PrEditort Obama's State of the Union address had a high Presidentn he pledged that anyObamaith a "better approach that will bring down premiums, bring down the deficit, cover the uninsured, strengthen Medicare for seniors, and stop insurance company abuses, let me know".
In speech after speech, Senator Barack Obama has vowed that he will lower the country's health care costs enough to "bring down premiums by $2,500 for the typical family".
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