During the early afternoon debate Thursday, Republican Senator Ted Kanavas (R-Brookfield) was blunt in his assessment about what is wrong with the plan.
He argued the Wisconsin Commissioner of Insurance would never allow a company in the private sector to market a plan like BadgerCare Basic, which Kanavas said will not have enough reserves to cover the risk the State is assuming, “There are simply not enough funds to support the kind of claims you are going to see.”
What "risk"? We have TAXPAYERS for that, Steve, just like for AIG and Citi.
Wiggy has the rest of the very sad story, plus (follow the link) a private-sector alternative!!