Tag: Insurance

Government run option is ideal, provided red tape and sluggishness in execution that is the trade mark of any Govt. run operation, is not allowed to creep in.Sure, insurance companies lure people by misleading ads and also inserting classes in fine print, which would allow them to wiggle out of claims settlement.By efficient marketing and operations the Govt. may challenge the private companies in premiums and service for the betterment of the people.
Story.
WASHINGTON — President Barack Obama isn’t demanding that health care legislation include a government-run insurance option even though he believes it would best meet his reform goals, White House advisers said Sunday.

The White House and lawmakers are trying to blend five House and Senate committee versions of health care legislation into a bill that will pass both houses, where near unanimous Republican opposition was expected.

House Democrats are insisting that there be a public option in competition with the private insurance industry to drive down the cost of coverage. In the Senate, Republicans and some Democrats oppose the measure, meaning inclusion of the public option would foreclose winning the 60 votes needed to advance a bill.

Senior adviser Valerie Jarrett said Obama believes the public plan is still the “best possible choice,” but she said he’s not demanding it. David Axelrod, Obama’s top adviser, said Senate opposition in both parties means “we have to work through these issues.”-AP-18/10/09
http://www.google.com/hostednews/ap/article/ALeqM5hITfom2rwHxvzXH9fMrN4pOUGrqQD9BDKT480