"If private insurers say that the marketplace provides the White House news conference.... then why is it that the government, which they say can't run anything, suddenly is going to drive them out of business?" Obama said in response to a question at a
"That's not logical," he scoffed, responding to an industry warning that government competition would destabilize the employer system that now covers more than 160 million people.
The important thing to remember about health insurance is that it doesn't produce any medical care; it just runs up administrative costs. Doctors have to hire people to deal with reimbursements, and insurance companies have to hire people to deny claims. As for the argument that reform will cost jobs, many insurers use call centers in India. Isn't it fun to discuss complicated medical and financial matters with someone who speaks in a thick accent and can't understand a word you say? Obviously, it's an evil plot to get you to give up and accept insurance rip-offs.