The Democrats have revived the public option. It has no chance of passing in the House -or at least we think it doesn’t, the way things have gone lately I wouldn’t be surprised at anything – but they certainly aren’t going to let the idea rest. They’re billing it as a way to reduce to deficit. That’s laughable.
The public option is back … sort of.
House Democrats on Tuesday introduced the “Public Option Deficit Reduction Act,” which would provide consumers the choice to opt into a government-run health insurance plan in the Obamacare exchanges.
The bill, which almost certainly cannot pass in the Republican-controlled House, is a mostly symbolic effort meant to keep the public option alive as a policy prescription. It is sponsored by Rep. Jan Schakowsky (D-IL), who is on the Energy & Commerce health subcommittee, along with Energy & Commerce Ranking Member Henry Waxman (D-CA) and 43 other lawmakers.
“The Public Option Deficit Reduction Act will give health care consumers more choice and lower their premiums,” said Schakowsky. “And, by providing a lower-cost alternative to private insurance, it would put pressure on all insurers to lower their premiums in order to compete.” (Read More)
If they have their way, soon the public option will be the only option. They’ll force private insurers to reduce their rates to the point that they go out of business thanks to all of the coverage mandates. Then, voila, they’ll have achieved their goal.
Oh, and this is the same Jan Schakowsky that thinks doctors should be unionized and the government should keep most of the dollars we earn.