A proposal by Rep. Paul Ryan and Sen. Ron Wyden to allow those who retire in the future to chose between Medicare and private health care insurance for seniors is the latest addition to the drive to increase competition in health care.
Mitt Romney recently released a health care proposal that would introduce vouchers, which would allow consumers to choose where to take their business, although he did not include Medicare as an option. Newt Gingrich’s plan suggests a variety of ways to increase “price competition in the industry.”
And President Obama’s health care overhaul also includes competition, to take place in new statewide exchanges, in which individuals and businesses will be able to find and compare insurance plans in a centralized marketplace.
Read the rest at CNN.com.
