Obama’s plan will drive private insurers out of business

As Hugh Hewitt reads a remarkable exchange at a press conference between Obama and reporter Jake Tapper of ABC on the so-called public option in the medical insurance bill, Tapper exposed the fact that notwithstanding the president’s promises to the contrary, the public option will have competitive advantages over the private insurance companies which will drive the latter out of business, leaving people only with government insurance.

Posted by Lawrence Auster at July 13, 2009 11:23 AM | Send