Baucus Optimistic

More

To hear Senate Finance Committee Chairman Max Baucus (D-MT) talk about it, his committee's health reform plan sounds pretty good. A deal is still being negotiated among Baucus, Ranking Member Chuck Grassley (R-IA), and committee members Kent Conrad (D-ND), Jeff Bingaman (D-NM), Olympia Snowe (R-ME), and Mike Enxi (R-WY); today, Baucus said the bill will cover 95 percent of Americans by 2015, cost less than $900 billion over ten years, and reduce the federal deficit in the 10th year. (To put the cost into perspective, the deal struck with Blue Dogs on the House Energy and Commerce Committee today brought the pricetag of that plan under $1 tillion.) Matthew Yglesias says this sounds "magical." But it may lack one significant dimension--a public option--as Baucus et al are considering Conrad's proposal for member-owned, co-op health insurance plans, which would stand in for the public option touted by Obama, both in expanding coverage to more Americans and in the economic equation of driving private insurance premiums down through competition. One worry is that, without a strong public option, the cost of insurance and care for individuals won't go down...but Baucus has painted a more optimistic picture of access expansion and cost to government.

Jump to comments
Presented by

Chris Good is a political reporter for ABC News. He was previously an associate editor at The Atlantic and a reporter for The Hill.

Get Today's Top Stories in Your Inbox (preview)

This Short Film Skewers Hollywood, Probably Predicts Disney's Next Hit

A studio executive concocts an animated blockbuster. Who cares about the story?


Join the Discussion

After you comment, click Post. If you’re not already logged in you will be asked to log in or register. blog comments powered by Disqus

Video

In Online Dating, Everyone's a Little Bit Racist

The co-founder of OKCupid shares findings from his analysis of millions of users' data.

Video

What Is a Sandwich?

We're overthinking sandwiches, so you don't have to.

Video

How Will Climate Change Affect Cities?

Urban planners and environmentalists predict the future of city life.

Video

The Inner Life of a Drag Queen

A short documentary about cross-dressing, masculinity, identity, and performance

Video

Let's Talk About Not Smoking

Why does smoking maintain its allure? James Hamblin seeks the wisdom of a cool person.

Writers

Up
Down

More in Politics

Just In