Public option
Term · Law · MLC-T-LAW-004027
A government-run health insurance plan offered alongside private insurance plans, intended to increase competition and affordability in the healthcare market. This option typically aims to provide coverage at lower costs due to its non-profit nature and potential for greater bargaining power. It is a policy proposal debated in many countries, including the United States.
| Identifier | MLC-T-LAW-004027 |
|---|---|
| Field | Law |
Record as JSON
{
"id": "MLC-T-LAW-004027",
"term": "Public option",
"field": "Law",
"definition": "A government-run health insurance plan offered alongside private insurance plans, intended to increase competition and affordability in the healthcare market. This option typically aims to provide coverage at lower costs due to its non-profit nature and potential for greater bargaining power. It is a policy proposal debated in many countries, including the United States.",
"url": "https://mlchart.com/terminology/law/public-option/"
}
Record 4,078 of 5,445 in Law terminology (MLC-0107). Request the full dataset.