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It seems like M4A/single-payer has displaced the public/government option (aka Medicare for Anyone, Medicare for All Who Want It) in terms of mindshare and chatter. Why is that?

There seems to be this fallacy on the Left that if you force the wealthy and privileged into the same systems as everyone else, they will use their wealth and privilege to improve that system. It seldom actually works that way; it seems naive to think that.

I would think that a public option that anyone could buy into at a reasonable price, taking into account personal resources (that is, means-tested premiums) and taking those who are actuarially uninsurable at reasonable rates, would solve a host of problems.

You wouldn't want the public option to become a "high risk pool" (although it wouldn't be the worst thing vs. the status quo if it did), and while you'd want the premiums to be competitive with private insurance where possible (one, to improve the risk pool with healthier people and two, keep Big Insurance on their toes and economically efficient), you wouldn't want to run private insurance out of business, to maintain that choice and also so private insurers can help to carry the load. There might need to be some regulation requiring private insurers to take on a certain number of higher risks to prevent dumping all of the high risks into the public option.

One other big benefit would be to combine Medicare, Medicaid, SCHIP, and everything else into one system (call it Americare) and reduce the overhead costs from separate administration.

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