POLITICO: These states tried an Obamacare public option. It hasn’t worked as planned.
As some states look to implement new, government-controlled health care systems like the public option, Politico reports that early data from Colorado, Nevada, and Washington state show that the public option is not working. Politico notes:
In Colorado, which is enrolling people in its public option for the first time this year, only one insurance company out of eight met all the cost-cutting targets set by lawmakers.
In Nevada, officials face an uphill battle implementing a policy the state’s incoming Republican governor called “bullshit” — and the state is already proposing easing targets for insurers to account for higher-than-expected medical inflation.
And in Washington state, which was the first to pass a public option in 2019, enrollment remains paltry, and while the cost of the health insurance plans has decreased, state health officials said the policies available are still too expensive.
Read the full article in Politico.