09-24-2017, 10:18 PM
Ted Cruz is saying he won't support the repeal effort (yeah, we all know he will vote for it at the end).
However he proves he doesn't understand a gnats knee about insurance.
Cruz said "If you want prices to go down -- Econ 101, you want prices to go down, you want more choices, more options, more competition, and prices fall," he said. "What does Obamacare do? Fewer choices, less options, less competition, prices rise.
Of course when it comes to insurance, you want the greatest number of people on a plan in order to spread the risk and costs. That is why single payer is the smart option. Instead Cruz wants a bunch of smaller groups, which means greater risk and higher rates.
However he proves he doesn't understand a gnats knee about insurance.
Cruz said "If you want prices to go down -- Econ 101, you want prices to go down, you want more choices, more options, more competition, and prices fall," he said. "What does Obamacare do? Fewer choices, less options, less competition, prices rise.
Of course when it comes to insurance, you want the greatest number of people on a plan in order to spread the risk and costs. That is why single payer is the smart option. Instead Cruz wants a bunch of smaller groups, which means greater risk and higher rates.
