NLIC.org

Sally Said:

won't cheap government health insurance put free market insurance companies out of business?

We Answered:

No.

A. It isn't 'cheap' insurance. You will still pay a monthly premium that will be slightly more affordable than traditional HMO premiums.
B. The entire point is for HMO's to stop putting profits over people's lives.
C. The HMO has a choice to make....to actually serve their customer, or to serve themselves at the cost of their customers.
D. Many HMO's will lower their prices to legitimately compete....others will extend their coverages and allow for more benefits under their plans.
E. Most people won't change their policies, as they are provided via employment. Most people won't change their policies because their HMO will have plenty of time to restructure and legitimately compete.