Plan with Medicare-linked option would cost only $871B
(NEWSER) - Nancy Pelosi is on a mission to pass the strongest public option on the table in the House—a plan that would pay doctors the same rates as Medicare—and she's close to having enough votes, she told fellow Dems last night. The plan would cost just $871 billion, according to preliminary estimates, putting it under President Obama’s $900 billion target, and be deficit neutral for at least 10 years. Supporters argue that it would pressure private insurers to lower their reimbursement rates, pushing down health care costs. More»
