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Schiff Town Hall - Cost of Public vs. Private Plans

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Uploaded by on Aug 14, 2009

Audience Question: Medicare and the Post Office are losing money, so how could the government save money by covering the uninsured? Rep. Schiff talks about the costs we pay as a nation to insurance companies as well as for government plans, and says we need to run Medicare and a new public plan better. The public option will be required to be self-sustaining, by premiums paid into it. And an efficient public plan will drive the costs of competing private plans down. Unless we control national health care expenditures overall, they will bankrupt our country. (This is one in a series of videos by Doug Drenkow ( http://douglasdrenkow.com ) for http://OpEdNews.com from the Rep. Schiff town hall meeting, in Alhambra, CA, Aug. 11, 2009)

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