This Just In: The Obama Administration is signaling a compromise by removing the Public Option. The government run “Public Option” will be gone. Today Health and Human Services secretary Kathrine Sebelius said government plan is not a “not the essential element” of health care reform.
Instead a proposal by Senator Kent Conrad(D-North Dakota) will introduced that include health care co-operatives that are consumer controlled. And Sell insurance to compete with private insurance. The plans would start about $3-4 billion that will operate nationally and there would not be under government control.
Conrad the Chairman of the Senate Budget Committee, called the government option “wasted effort.”
“It’s not government-run and government-controlled,” he said. “It’s membership-run and membership-controlled. But it does provide a nonprofit competitor for the for-profit insurance companies, and that’s why it has appeal on both sides.”
“I think there will be a competitor to private insurers,” Sebelius said. “That’s really the essential part, is you don’t turn over the whole new marketplace to private insurance companies and trust them to do the right thing.”
Republicans welcome the change. Alabama Senator Richard Shelby(R), says the White House move away is good,”a step away from the government takeover of the health care system.I don’t know if it will do everything people want, but we ought to look at it. I think it’s a far cry from the original proposals,” he said.
Yahoo News has more.