Okay, I'm starting to understand. Doctor, you're great at explaining this stuff. So what you're saying is you've got a certain number of people that are all kicking into the system and paying for medical care. All of a sudden you create a government incentive to dump all those people on the government. Now the government is having to pick it up, and guess who's going to pick up the bill? Well, it's the people who are still buying private insurance. So when you take these people out--the company is not paying for them anymore--now the private insurance guys, their cost goes way up to compensate for these other people because the government is not paying enough to cover the insurance. So if the government puts in 50 cents on the dollar, somebody's got to make up the other 50 cents. Guess who it's going to be? The other poor sucker out there who's trying to buy his own health insurance.
Editor's note · Context
The speaker discusses the financial implications of government incentives on private health insurance.
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