Making Government the Biggest Insurer

The bipartisan possibilities of allowing health insurance to be purchased across state lines appear to be growing more unlikely, says U.S. News and World Report. John McCain and Barack Obama have offered very different proposals to reform the health insurance industry:

• Obama would allow the national sale of only private insurance plans that go through his "National Health Insurance Exchange," which means that the insurance plans would have to accept federal government controls on what to cover and how much to charge.

• McCain says he would allow the nationwide sale of private health insurance without that kind of government oversight.

Obama's plan for a National Health Insurance Exchange means less competition. Paul Edattel, healthcare policy analyst for Shadegg, says if you undercut private insurers and place price controls on them, government is going to become the biggest insurance company in the country...

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