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Would a Public Option Hurt Competition? - David Hyman

Complete video at: The Cato Institute's David Hyman argues against a public option for health insurance, suggesting that if there is a monopoly in health care, the government should dissolve the monopoly and not begin competing against it by being both a "competitor and a regulator." He likens the current situation to antitrust cases against Intel and Google. ----- A major sticking point is whether Congress should create a new government health insurance program to compete with private insurers to cover Americans not yet eligible for Medicare. Is fair competition between public and private insurance feasible? And how would it affect the cost and quality of care? - Cato Institute David A. Hyman is an adjunct scholar at the Cato Institute and a professor of law and medicine at the University of Illinois. Hyman has been a member of the American Law Institute since 2000 and serves on the editorial board of the American Journal of Law and Medicine. He was a special counsel in the Office of the General Counsel of the Federal Trade Commission from November 2001 through November 2004. Professor Hyman is a member of the bars of Illinois and the District of Columbia. He is admitted to practice before the 6th, 7th, and 10th Circuit Courts of Appeal and the United States Tax Court.
Length: 01:51


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