The Five Flaws of the Reid Health Bill

Conn Carroll / November 19, 2009

We’re still poring over Majority Leader Harry Reid’s (D-NV) just released health care overhaul, but the major outlines of the bill are no different than the policy train wreck the House passed earlier this month.

The five major flaws of both the Pelosi and Reid Bills are:

1. A New Public Plan. Both the House and Senate bills would create a new government-run health care plan — a so-called public plan — intended to “compete” with private insurers in a new health insurance exchange. The result: widespread erosion of private insurance and substantial consolidation of federal control over health care through the exchange. Congress is incapable of guaranteeing the American people a level playing field for competition between the government plans and private health plans. As the Centers for Medicare and Medicaid Services has recently certified, what many have already concluded, millions of Americans will lose their existing employer-based coverage. (more…)