Hoover Institution research fellow Lanhee Chen answers the most popular questions from his video, "What History Tells Us About the Public Option."
1. What is the public option and who would be eligible to buy into it?
2. Would the public option make private health insurance illegal?
3. Who would decide how much doctors and hospitals were paid for treating patients on the public option? And how would healthcare providers respond?
4. What are the chances that the public option would remain deficit-neutral?
5. What effect would the public option have on the cost of health insurance, and what alternatives exist to accomplish the twin goals of expanding access and affordability of health insurance?
Click to watch the video "What History Tells Us About the Public Option."