Reply #31: Clinton and Obama both offer choices [View All]

[OzarkDem]

between buying a heavily regulated plan from private insurance or a public insurance plan like Medicare.

The difference between the two plans is cost control and sustainability.

Clinton's plan caps insurance premiums - both public and private - to no more than 5-10% of income, but Obama's plan has no price cap. Some consider the lack of a cap on Obama's private insurance rates constitutes a corporate giveaway.

As for sustainability, the problem above added to volunteer participation in one of the plans (resulting in large numbers of high cost uninsured patients) makes will cause Obama's plan to become very expensive very quickly.

Clinton's has enough cost controls, both for the health care system and for premiums, that its more sustainable for the long term.