The Public Option's Unfair Advantage? Gov't Bailouts - Michael Cannon

Complete video at: http://fora.tv/2009/10/13/How_Government_Competes_in_Health_Insurance

Michael Cannon, Director of Health Policy Studies at the Cato Institute, denounces a public option. He says a government backed health plan will gain an unfair advantage over the private market simply by being "a creature of Congress."

-----

Supporters claim a new "government option" would compete on a level playing field with private health insurance. But a new lawsuit belies that claim.

Since 1993, the Social Security Administration has effectively coerced seniors into enrolling in Medicare by decreeing that those who opt out of Medicare for private insurance must forfeit all Social Security benefits, past and future. Last month, a federal court acknowledged that federal law requires no such thing and that SSA conjured that requirement out of thin air "without public notice and comment."

Kent Masterson Brown and Michael F. Cannon explain the relevance of Hall v. Sebelius to today's health reform debate. - Cato Institute

Michael F. Cannon is the Cato Institute's director of health policy studies. Previously, he served as a domestic policy analyst at the U.S. Senate Republican Policy Committee under Senator Larry E. Craig (R-ID), where he advised the Senate leadership on health, education, labor, welfare, and Second Amendment policy.

In addition, Cannon has worked as a health care policy analyst for Citizens for a Sound Economy Foundation in Washington, D.C. Cannon has appeared on CNN, CNBC, C-SPAN, Fox News Channel, and NPR. His articles have been featured in USA Today, the New York Post, the Chicago Tribune, the Chicago Sun-Times, and the San Francisco Chronicle. Most recently, Cannon coauthored the book Healthy Competition: What's Holding Back Health Care and How to Free It.

Category:

News & Politics

Tags:

• public
• option
• government
• health
• care
• insurance
• plan
• plans
• cost
• competition
• free
• market
• reform
• reforms
• private
• bailout
• policy
• fora.tv
• foratv
• fora
• tv
• michael
• cannon
• cato
• institute

[hurataimad]

how HOW THE HELL ISN'T THAT NOT A FAIR DEBATING POINT BETWEEN AN AMERICAN AND BRIT ON THE ISSUE OF HEALTHCARE.

that there is the only issue which should be debated between us.

instead you take it as an insult because your moronic mind can't understand that YOUR F%^&ing immigrants are costing ME money, we play 4 our coverage not some dirty americas taking advantage of the free travel between our countries.

YOU DISGUST ME!

[hurataimad]

1st off you are debating over a point which i didn't make, you made to yourself and you are debating that point still.

in other words, you are debating yourself.

what i said is the public option ISN'T profit CENTRIC, now what does that mean? that doesn't mean they don't try to make money. what that means is that their motivation isn't profit. if profit helps them in their aims, then they will try and make money. once again not profit CENTRIC.

[JAROSLAVAGINA]

and what I am saying is that non profits are better off trying to bring in revenue at a level exceeding budget expenditures (this is called "profit") than say "we are going to make $37,056.23. i explained this earlier, perhaps you were too busy calling names to actually interpret information.

My friend, you obviously have no clue what you are talking about, and you have strayed so far from the topic of debate, that, from an intellectual standpoint, you have lost.

Good Day.

[hurataimad]

no you moron, what i'm saying is such a thing as non profit organizations exist, that is why there is such a term.

and wiki was used to illustrated the existence of of such a thing as NPOs, unless you are suggesting i wrote that wiki article you prove my point to a utube moron.

if you don't like wiki, google it, or utube search it, or go to a library, or just read a book. damn you are thick.

[hurataimad]

no you are the troll and you can't debate because you have absolutely no knowledge.

[JAROSLAVAGINA]

what the hell are you even talking about?

no... i'm sorry... your a troll or just not listening.

when your capable of better debate, please come back.

[JAROSLAVAGINA]

lol so let me get this straight:

NPO's, don't have to break even because they are non-profit organizations. in fact, they can spend and spend and spend, and not bring in a dime of revenue, because they are non-profit organizations. They don't have to pay bills, because they are a NPO.

correct? is this what your saying?

before you go shooting around the "idiot" card, you should check the mirror first.

(and wikipedia should not be cited as a valid source, just so you know.)

[hurataimad]

NPOs

[hurataimad]

it's like you think non profit organizations don't actually exist, you are truely an "a" class moron. THEY ARE CALLED NGOs NON (BLOODY) PROFIT ORGANIZATIONS.

LOOK IT UP ON WIKIPEDIA YOU UTTER IDIOT if you don't believe me.

and why in heaven's name will i be starting up a NGO? and what's wrong in setting up a NGO?

[JAROSLAVAGINA]

hahahahahahahahaha wow... i give up.... i hope you never start up a non-profit. it'll be burried in the ground before it even starts.