Sunday, October 25, 2009

Health Insurance Co-ops Could Not be True Co-ops

True health insurance co-ops that are being discussed as possible health insurance programs, instead of a government “public option” would take as much as a decade to properly create.

It would take operations already in existence, banding together for a purpose to reduce costs. They cannot be created out of thin air by a government rule. Not the way the Obama administration wants to create a single payer system.

The government today has its hands full administering ongoing Medicare and Medicaid with its messy complications, and its fraud. How will it get its bureaucratic hands to create co-ops out of thin air?

If the government attempts a co-op of this kind, it will be merely fooling the public with a euphemism for nationalized medicine through its “public option.”

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