We'll do this by creating a new insurance exchange -- a marketplace where individuals and small businesses will be able to shop for health insurance at competitive prices. Insurance companies will have an incentive to participate in this exchange because it lets them compete for millions of new customers. As one big group, these customers will have greater leverage to bargain with the insurance companies for better prices and quality coverage.
It hits the right buzzwords : marketplace, shop, incentive, competitive prices, bargain. But only in regards to consumers buying health insurance. It doesn't speak at all to the real issue - That consumers are no longer the customer for health care. Insurance companies and governments are.
This seems wrong to me.
I'm not against the Obama plan, not really. But I think it's misleading. It's not a fundamental shift. It's a band-aid at best. It supports the status quo. Therefore I'm not that excited about it.
And for further reading, I enjoyed this piece from the The Atlantic.