Ending the Oligopoly

Geoffrey Lawrence, a policy analyst with the Nevada Policy Research Institute, discusses the public option in this video:

Lawrence focuses on concerns over cost-shifting and the fact that even without a new government program to compete with private companies, legislative proposals favored by leaders in Congress are “detestable on their own mandates.”

Finally, Lawrence reminds viewers of the need to enhance market competition, not lessen it. In most states, the insurance market is controlled by an oligopoly, propped up by regulations.

(Cross-posted from State House Call.)

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