I am on Medicare. Before that, I had private insurance and still do. Today I go to the doctor and he provides a service and his price is, let’s say, $100. Medicare has made an agreement with the doctor to provide this service for maybe $50. Private insurance has also worked out an agreement with the doctor for a price that is most likely higher than the price that Medicare has been able to work out. That is competition in health care.
That is very different than competition in private insurance. Private insurance does not make us healthy. To add private insurance to Medicare only adds another entity that has expenses and a need to make a profit.
David Groh, Saint Germain