Featuring the author Charles Calomiris, Henry Kaufman Professor of Financial Institutions, Columbia Business School; with comments by Andrew Olmem, Partner, Venable LLP; moderated by Mark Calabria, Director, Financial Regulation Studies, Cato Institute.
President Obama and others on the Left have proposed a public plan–modeled on Medicare–to compete with private insurers. But Medicare is not the solution; it is the problem. Besides, there’s no true competition if one of the players is also the referee. This session will explain why any package of reforms including “Medicare for More” deserves defeat.