The Reid composite health bill released today:
Would create a new government-run insurance plan, or public option, to compete with private insurers, but would allow states to opt out of participating.
If this is what came out of consultations with a fairly centrist working group, then I’m extremely enthusiastic for its chances on the Senate floor. I don’t doubt that the bill will face more changes as it proceeds, but the opt–out plan, rather than an opt-in or a trigger, is a pretty progressive provision compared to what came out of, say, Baucus’ Finance Committee. Combined with the fact that he’s more or less vanished from the media’s list of holdouts — now limited to Blanche Lincoln, Mary Landrieu, and Ben Nelson, a decent public option may just be in the cards for passage.
More bill highlights at CQ.
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