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Ear to the Ground

Nancy Pelosi Promises Public Option on the Cheap

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Posted on Oct 20, 2009
White House / Lawrence Jackson

The president puts his arm around the most powerful woman in government. Nancy Pelosi has promised to deliver a bill that meets the White House’s guidelines of costing less than $900 billion and not adding a dime to the deficit.

The House speaker is thrilled to hear from the Congressional Budget Office that all three versions of the public option under consideration in the lower chamber would be cheaper than expected and would actually reduce the deficit over the next 10 years.

Pelosi, who is working to combine the three House health reform bills, says the news makes her life easier because it means “whatever choice we make will reduce the deficit and will pay for the bill.” 

Bloomberg reports that the House is leaning toward a more robust public option that would peg costs to Medicare.

A new poll, meanwhile, shows that a growing majority of Americans favor the option.  —PS

Reuters:

[Pelosi] asked CBO to provide estimates on three versions of the option—one based on reimbursement rates paid to healthcare providers under Medicare and two that would rely on reimbursement rates negotiated with the providers.

Pelosi said House leaders were still waiting on some information on one of the the options, but all three would be under $900 billion.

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By ardee, October 25, 2009 at 6:21 am Link to this comment

Billyhr2, October 22 at 6:27 am

You seem rather unconcerned with the extravagant amounts of money currently spent on an inefficient, selective and dreadfully expensive health care system currently in place. Why would that be I wonder?

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By Billyhr2, October 22, 2009 at 3:27 am Link to this comment
(Unregistered commenter)

Each side has it’s medical propaganda, the left, the right, the corporation and the AARP.  One thing is for certain, there is not enough political will out there to get something done because the situation is not dire enough for the tastes of normal Americans to have their taxes increased to pay for the medical insurance of other Americans.  AND IT WILL TAKE INCREASE IN TAXES TO PAY FOR ANY EXPANSION OF MEDICAL COVERAGE IN AMERICA.  Any denial of that by the left right or center or Obamites is a deceit of reality.

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Ouroborus's avatar

By Ouroborus, October 21, 2009 at 10:01 pm Link to this comment

ardee, October 21 at 11:53 pm #

Whoa, nirvana? Never in this life time; at least from a
politician.
Boy, I wish; smoking the devil weed here is way too
dangerous/serious. wink

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By ardee, October 21, 2009 at 8:53 pm Link to this comment

Ouroborus, October 21 at 9:26 am

So let us not focus on results because Obama plays a devious game that will win us all nirvana in the end?

Save me some of what you are smoking…please.

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By heavyrunner, October 21, 2009 at 1:44 pm Link to this comment

Anyone who has studied the economic analysis of expanding Medicare until it becomes a single payer knows that it is cost neutral.  The savings from cutting out insurance profits and exorbitant executive salaries and streamlining of accounting pays to cover everyone with what is being called an executive package now.  That is, full coverage with no big deductibles and vision and dental care for everyone for no more and many say less than we are spending now.

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By Hulk2008, October 21, 2009 at 8:34 am Link to this comment

Atta girl, Nancy !!  But the Senate holds all the cards. 
  The bills could have perfect CBO scores and truly roll back the deficit and actually do real reform.  But as long as opponents with huge coffers of cash are around, the Senate will cave in and anything remotely like “public” will be stricken from the text.
  When Congress compares what’s good for them versus what’s good for the US, guess who always comes out first. 
  The mantra that we hear daily is that the Pret “controls” both chambers of Congress and the White House.  A newborn infant has greater bladder control.

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By Ouroborus, October 21, 2009 at 6:26 am Link to this comment

Is it, or could it be, I mean, is there any, well, even
a slim possibility, or maybe, any hope, well, reason
for just a smidgen of, dare I say, optimism? Is Obama’s
game better than any could have hoped for or seen?
There are some things afoot that don’t quite meet the
eye. Once the public option is in the door then many
things can fall from there. I’m seeing some things that
have made me take notice; Obama may not be who we think
he is. That would make me very happy, because I’m not
at all happy now. Just some thoughts.

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By Johnny B, October 21, 2009 at 4:54 am Link to this comment
(Unregistered commenter)

What a joke. “On the cheap”? The dems have lost all perception of what they are spending across the board. Pelosi wants this as a political win, she could care less about health care for those that need it. Let’s be honest, all we need it to fund a very simple program that gets healthcare to those that are truly in need of care and truly cannot afford it. The dems plan will cater to their political interests, get money into the hands of their special interest group and groupies of Obama, but in the end is so riddled with bureaucratic process and new appointees of Obama to run the thing, the people in need will get lost in all the noise. Obama will come on TV and say how “He” is the miracle god who made this all happen and we should all come to the white house and bow down to him. I cannot wait until the next election to make my point directly to him and Pelosi.

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By ardee, October 21, 2009 at 2:42 am Link to this comment

...and let the Insurance Industry propaganda begin…..or rather continue.

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