Property Insurance

Health care solution may end up being private insurance co-ops

(EXAMINER) - Many Democrats opposed ObamaCare because they just don’t like the “Public Option,” a.k.a the Socialism. The fallacious assertion by Obama that the government will just be another competitor in the insurance market is so blatantly untrue that nearly everyone simply refers to the public option as the Trojan Horse that kills off private insurance altogether and lets the government take over health care.

So what now? It looks like Sen. Kent Conrad (D. ND) has an idea to allow private insurance co-ops to write insurance for their members to compete against traditional insurance companies. The president gave it a veiled thumbs-up, and some Democrats who oppose the public option (and frankly who could kill it) may be on board. The part that some Republicans like is that the government doesn’t own them and doesn’t run them (need to be careful of how it regulates them though).

Conrad’s explanation about why co-ops may get bipartisan support.

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