Glenn Beck Explains The Failure Of The For-Profit Health Care System. Yes, That Guy.
by David Dayen
(This is part of my blogger fellowship for Brave New Films and its Sick For Profit campaign)
Bernie Sanders discussed health care today as part of his "Senator Sanders Unfiltered" series.
He brings up a very good point about what could happen in the absence of a strong public option or single payer system. You would generally have the federal government subsidizing private insurance companies without any cost containment. Individuals forced to buy insurance would only have the options among private companies, and they could raise their premium rates as much as they want every year, without being forced to compete with a more efficient alternative like a public option.
This is exactly what we're seeing in the market right now. And you don't have to believe me. Just believe none other than Glenn Beck.