http://multi-medium.net/2009/07/02/role-model-fail-2 I'm full of tinier media! Thu, 18 Mar 2010 03:51:01 -0500 http://wordpress.org/?v=2.8.6 hourly 1 http://multi-medium.net/2009/07/02/role-model-fail-2/comment-page-1#comment-297932 david Thu, 02 Jul 2009 23:30:48 +0000 http://multi-medium.net/?p=8108#comment-297932 The problem with the so-called public option is that the public option will less to providers, and the result (rather than providers cutting costs effectively) will simply pass on the unreimbursed costs to the private market. That's what's going on today in the uninsured market. It's called the cost shift. So the public option will create a substantial cost shift, driving more people into the public option because the private market rates will be forced higher and higher. That's called a death spiral. The problem with the so-called public option is that the public option will less to providers, and the result (rather than providers cutting costs effectively) will simply pass on the unreimbursed costs to the private market. That’s what’s going on today in the uninsured market. It’s called the cost shift. So the public option will create a substantial cost shift, driving more people into the public option because the private market rates will be forced higher and higher. That’s called a death spiral.

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