A Teachable Moment
So the Mighty Fierce Eagle Cats or whatever they’re called in Congress are all jacked up about doing “co-operative” plans instead of a public option on healthcare reform. I heard an interview on NPR this morning in which the interviewer actually asked a lot of tough, important questions. But then he kept letting the Eagle Cat he was interviewing get away with referencing “prominent actuaries” who supported the co-op plan. Just like that, though. He didn’t say the names of these prominent actuaries. He literally said the plan was supported by “prominent actuaries.” Which, if you can’t even give a name of who these people are, then you are clearly making it up.
But my question is, why is a co-op plan worse than a public option? Wouldn’t it be like a credit union for health? And wouldn’t that still be a superior option than what we have now?
Or maybe it would be exactly like credit unions, which are a superior option in terms of interest rates and customer service, but do not have anywhere near the level of worldwide accessibility you would get at, say, Chase.
Anyone want to straighten me out?










