This has to hurt. But I guess having your own words used against you never feels good.
Why would it drive private insurance out of business? If private insurers say that the marketplace provides the best quality health care; if they tell us that they’re offering a good deal, then why is it that the government, which they say can’t run anything, suddenly is going to drive them out of business? That’s not logical.
It shouldn’t drive them out of business unless their product is crap. That said, there are industries that are thriving along side a public competition… FedEx and UPS come to mind.
EDIT: by cassandra DKosTV has the video: