Reply #41: Business will negotiate the prices down [View All]

[sandnsea]

First of all, I don't believe the public option will be half, frankly I don't think it's going to do all that much good.

But using the argument that's been given to me, the public option will cost half. That will give business a basis for insurance negotiations. That will drive premiums down.

And there are new regulations for private insurance too, which include a requirement to pay out 85% of premiums, which means they can't raise rates indefinitely.