Democrats Risk Electoral Disaster If They Drop the Public Option

By Robert Parry, Consortium News.

Indeed, if the Democrats abandon the public option for the sake of passing a bill like the one that came out of the Senate Finance Committee, they may be courting electoral disaster once voters grasp that they will have to wait years for the law to be implemented and then that it could lead to higher costs for much the same unpopular private insurance plans.

The public option offers the only means for a reform to be quickly implemented and to demonstrate a beneficial effect for the people by 2010 and 2012. It has the potential for reducing costs, especially for small businesses and individuals who are now being soaked by private insurers or denied coverage.

After assessing the five pieces of legislation that have cleared different committees of Congress, the non-partisan Congressional Budget Office found that the nation would get the most savings on health-care costs from a public option tied to Medicare rates. Such a version, which is included in two of the House bills, would save an estimated $110 billion over 10 years.

If the Democrats bend to the demands of the industry and the Republicans, Obama and congressional Democrats could find themselves in several years explaining how they enacted “reforms” that bully moderate-income Americans into buying over-priced health insurance, fatten the industry’s profits and fail to achieve any meaningful cost controls.

Such an outcome could be catastrophic to the Democratic Party’s future and to the concept of progressive governance. Yet, some members of the Senate Democratic leadership appear to heading in that direction, wanting to portray pushing through some bill – even one without a public option – as a victory.

The whole article

Labels: Democrats, Healthcare, Republicans

posted by Stash @ 7:12 AM