Sunday, August 16, 2009

Health Care Policy and Marketplace Review: Are Democrats Getting Ready to Ditch the Public Option? But They Would Still Be Challenged by the Trillion Dollar Price Tag

by Bob Laszewski in his blog -
It looks to me like the popular objections to a health care bill being expressed by voters this month are concentrated in two primary areas: 1. A concern about “government control of the health care system”—mostly around the public plan option. 2. The trillion-dollar cost of a health care bill at a time deficits are swelling and worries about who will really end up paying for it. As a result of the first concern, we are getting the first indications that some Democratic leaders are ready to ditch the robust Medicare-like public option and are beginning the process of talking the party out of demanding it be included in a health care bill.
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