White House: Public Option Will Cause Private Market to Shrink

Here’s something interesting from the White House, via MSNBC:

Undocumented immigrants would be able to buy insurance in the non-exchange private market, just as they do today. That market will shrink as the exchange takes hold, but it will still exist and will be subject to reforms such as the bans on pre-existing conditions and caps.

Cross-posted from State House Call.

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