In the wake of the reveal of Nancy's House healthcare bill, the Congressional Budget Office has released another analysis. It believes that when it is all said and done, the Democrat's government option would only end up covering 2% of Americans. Those are the estimated numbers for Americans under the age of 65. With a pool of 30 million people, only 1-in-5 would sign up for the government option. The rest would then buy into the private option (because the government will force everyone to carry health insurance, remember?). The theory is that less healthy people would be more drawn to the government option because they are moochers. As a result, premiums for the government plan would increase and end up being more costly than private plans.
So why push the government option at all? After all, it's only going to cover a paltry 2%! Glad you asked. The reason for the government option is to put in place the machinery that will be needed to run the private health insurance companies (along with their "obscene" and "immoral" profit margins of 2.2%) out of business. You can't expect the government option to come on the scene with a huge market share. This has to be earned ... and it will be earned by using the bottomless well of taxpayer funds and an endless parade of new government regulations to run the private insurers out of office. The looters are patient. They've been waiting for this opportunity since HillaryCare was killed off by the 1994 voter's revolution. It make take years, but the government option will lead inexorably to a single-payer system .. and the single-payer will the federal government. Give the looters their health care "reform" and you will one day be completely reliant on the decisions and whims of government bureaucrats - people quite possibly not qualified to work in the private sector - in all matters related to your health care.
What fun!