Tuesday, September 29, 2009
Senate panel rejects public healthcare option
A Senate panel on Tuesday rejected a government-run "public" insurance option as part of a broad healthcare overhaul. The Senate Finance plan by Baucus is the only healthcare reform bill pending in Congress that does not have a public insurance plan, which Obama and other backers say would boost competition for insurers. The public option would devastate the private insurance industry and ultimately lead to a government takeover of the sector.
Subscribe to:
Post Comments (Atom)
1 comment:
This is currently one of the most pressing issues of America domestically. I presonally feel that the public option is necessary for a complete and successful healthcare system. Although it would hurt insurance firms, it is important for social welfare and satisfying this basic human need to everyone. Additionally, the insurance firms currently profit too much, and this public option would make it a more competitive market, and consumers would benefit.
Post a Comment