Wednesday, May 6, 2009

Government's Health Insurance will compete

Health and Human Services Secretary Kathleen Sebelius testified before the House Ways and Means Committee today, advocating a government health insurance option that would compete with products from private insurance companies, but not undercut them. Sebelius rejected the single-payer system. She expressed concern that the cost of health insurance for families has doubled from an average of $6,000 in 2000 to an average of $12,000 in 2009, according to RTT News. With so many unemployed currently facing high COBRA costs, there might be more public pressure to find economically feasible solutions.

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