CBO: Public health option would save $68 billion through 2020

Creating a public option that all Americans could choose would save $68 billion through 2020, according to a new analysis by the Congressional Budget Office.
The analysis was included in a letter to Rep. Pete Stark (D-Calif.), who along with Reps. Lynn Woolsey (D-Calif.) and Jan Schakowsky (D-Ill.) is introducing a bill this week creating a [...]

‘Public Option’ Lives In The House, With 125 Co-Sponsors

Even in a summer of healthcare fatigue, a coalition of House Democrats plans to introduce legislation Thursday to establish a government-run “public option” that would be available to consumers in the overhaul law’s insurance exchanges.
Rep. Lynn Woolsey, D-Calif., a longtime leader in efforts to include a public option in healthcare reform, said her bill currently [...]

Proposed deficit remedy: the healthcare ‘public option’

As both political parties worry about the growing federal deficit, an unlikely proposal is returning from last year’s divisive healthcare debate: the “public option.”
Creating a major government health insurance program was roundly rejected last year, but 128 House Democrats are pushing to reconsider the idea, contending that [...]