CBO: Public Option Would Reduce Premiums Across the Board

The CBO recently published a new letter on health care reform. They were asked to evaluate the impact of the weak (level playing field) public option in the Senate HELP committee's bill. Their conclusion was that the competitive pressure from the public option "would probably lower private premiums in the insurance exchanges to a small degree," and with a public plan in the exchange, "the costs and premiums of competing private plans would, on average, be ... Full Story »

Posted by Dwight Rousu

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Dwight Rousu
3.9
by Dwight Rousu - Sep. 16, 2009

The CBO report has been lightly reported; here it is presented and put in context.

Congress’ own budget office concluded that even a weak public option would reduce the cost of health care reform and would save millions of Americans billions of dollars on their health insurance premiums, regardless if they select a private or public plan.

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Dwight's Rating

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