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Argument: Public insurance inefficiencies can be hidden by taxpayer-funding

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Supporting quotations

Michael F. Cannon. "Fannie Med?" CATO Institute. August 6, 2009: "The central problem with proposals to create a new government program, however, is not that government is less efficient than private insurers, but that government can hide its inefficiencies and draw consumers away from private insurance, despite offering an inferior product."

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