Homework Help Forum: Economics

Posted by Rebekah on Saturday, October 31, 2009 at 11:12am.

What does a private option in health care mean? thanks

• Economics - economyst, Saturday, October 31, 2009 at 1:51pm

  health insurance can be separated into two broad types; public and private. public insurance is insurance provided by a government agency; Medicare and Medicaid are two examples. About everything else is private. So, a private option means people will buy their health insurance from private companies.

  
  

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