Washington Examiner December 6, 2019
Sally Pipes

The public option appears to have overtaken “Medicare for all” as the Democrats’ preferred approach to healthcare reform. Nearly nine in 10 Democrats support creating a government-run health plan to compete against private insurers. Fewer than eight in 10, by contrast, are on board with “Medicare for all.”

Proponents of a public option claim it’s a win-win for consumers. They can either buy cheap government coverage or keep their private insurance if they like it.

But a new study from FTI Consulting debunks that myth. The study’s authors found that a public option would gradually drive private insurers out of the market — and thereby leave people without private coverage options.

The public option would be cheap for two reasons. First, because it’s...