Memo To Deficit Hawks: Public Plan Option Indisputably Saves Money
| By Mike Collins - Jul 2nd, 2009 at 1:54 pm EDT |
By Bill Scher
July 2, 2009 - 11:12am ET
When the CBO scored an early draft of the health care form bill from the Senate HELP committee as costing $1 trillion over 10 years but only covering one-third of the uninsured, obstructionists pounced and proclaimed the public plan option dead.
But the CBO had not assessed the cost of the public plan option, nor a mandate on most employers to either provide insurance or contribute to the public plan.
Now they have. And as serious reform advocates long claimed, including those two key provisions drops the 10-year cost of reform by nearly $400 billion, while achieving near universal coverage.
Continued:
http://www.ourfuture.org/blog-entry/2009072702/memo-deficit-hawks-public-plan-option-indisputably-saves-money
July 2, 2009 - 11:12am ET
When the CBO scored an early draft of the health care form bill from the Senate HELP committee as costing $1 trillion over 10 years but only covering one-third of the uninsured, obstructionists pounced and proclaimed the public plan option dead.
But the CBO had not assessed the cost of the public plan option, nor a mandate on most employers to either provide insurance or contribute to the public plan.
Now they have. And as serious reform advocates long claimed, including those two key provisions drops the 10-year cost of reform by nearly $400 billion, while achieving near universal coverage.
Continued:
http://www.ourfuture.org/blog-entry/2009072702/memo-deficit-hawks-public-plan-option-indisputably-saves-money
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