Wednesday, September 30, 2009

Sad, If Predictable: Finance Rejects Public Option | The New Republic

by Jonathan Cohn

Two public insurance options put up for a vote. Two public insurance options voted down by the Finance Committee.

The count was fifteen to eight against the first amendment, which came from Jay Rockefeller and would have allowed the public plan to set its payment rates based on Medicare. The vote was a bit closer on the second amendment. That proposal, which came from Charles Schumer, would have prohibited the public plan from setting reimbursements so low.

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