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Senate Dems Reach Deal on Abandoning Public Option

HeadlineDec 09, 2009

Senate Democrats appear to have finalized a deal on removing a government-funded public insurance option from their healthcare reform bill. On Tuesday, Senate Majority Leader Harry Reid said a group of ten Democrats had reached “broad agreement” on a so-called “compromise” proposal. The plan would abandon a government-funded health plan to compete with private insurers. Instead, the federal Office of Personnel Management would hire the insurance companies to run the health plans. Uninsured Americans between the ages of fifty-five and sixty-four would also be able to obtain coverage through Medicare. Reid says he’ll unveil the plan after the Congressional Budget Office analyzes its costs.

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