Public Option Headed for Senate DeathLooks like the insurance companies are getting what they've paid for in the U.S. Congress. The Senate Finance Committee is closer to a deal with Republicans, which means no public health care option. The Blue Dogs, meanwhile, are still nipping at the heels of House Democrats.
Looks like the insurance companies are getting what they’ve paid for in the U.S. Congress. The Senate Finance Committee is closer to a deal with Republicans, which means no public health care option. The Blue Dogs, meanwhile, are still nipping at the heels of House Democrats.
Wait, before you go…
Reuters via New York Times:
The Senate Finance negotiations have zeroed in on a plan that would use non-profit cooperatives to compete with private insurers to drive down costs, members say, not the public plan favoured by Obama and many Democrats.
The panel also is likely to back a tax on high-cost insurance policies to try to raise revenue and keep costs down.
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