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Obama says government health coverage plan would not hurt private insurers

New York Times, June 24, 2009

In a White House news conference, President Obama dismissed as "not logical" the suggestion that a public plan, which is intended to create more competition and therefore act as a brake on the rise of health insurance costs, would undermine the private insurance market. He argued that a government-run plan competing with private insurers would be an "important tool to discipline insurance companies" and scoffed at complaints that it could drive some out of business.