By Stephanie Mencimer
Thu August 13, 2009 1:41 PM PST
During his New Hampshire town hall meeting on health care reform in mid-August, Obama explained that under his plan, people who lack health insurance would be able to purchase it in a new exchange that offered a similar “menu of options that I used to have as a member of Congress.” Obama said that by creating a big pool of potential customers, the exchange would allow the uninsured and even small businesses to shop around, easily compare various private health care plans and get a better deal than they could on their own.
Most of the health care reform bills circulating in Congress contain some form of this concept. The exchange, in fact, is now the centerpiece of proposed plans drafted mainly by Democrats. It’s a curious development, because the concept was largely popularized by the Heritage Foundation, a right-wing think tank best known in recent years for advocating Social Security privatization during the Bush administration. Its track record ought to make Americans more wary of Obama’s proposals than any talk of “socialized medicine.”
h/t: Dr. Connie