Obama Abandons Public Option

Many progressives had hoped for a single-payer, universal health care system, the kind that many industrialized countries have and which have a demonstrable history of working well. But it was clear that when Obama ran for president that possibility would never materialize during his administration. The "public option" was the best one could hope for. Now Obama is ready to abandon that idea in favor of co-ops, a sort of Fanny-Med approach to public health care. Because these co-ops will be required to maintain the same financial reserves as private insurerers, the competitive advantage they will provide to private insurers will probably little better than marginal.

The upshot will be the continuation of millions of Americans without health insurance of any kind. Continued bankruptcies, the continuation of people dying from the lack of health care, etc. A slight improvement perhaps, but everything remaining much the same. The political need for Obama to declare victory usurped the health care provision needs of millions of Americans.

clipped from www.commondreams.org Bowing to Republican pressure, President Barack Obama's administration signaled on Sunday it is ready to abandon the idea of giving Americans the option of government-run insurance as part of a new U.S. health care system. Facing mounting opposition to the overhaul, administration officials left open the chance for a compromise with Republicans that would include health insurance cooperatives instead of a government-run plan. Such a concession would likely enrage his liberal supporters but could deliver Obama a much-needed win on a top domestic priority opposed by GOP lawmakers. Health and Human Services Secretary Kathleen Sebelius said that government alternative to private health insurance is "not the essential element" of the administration's health care overhaul. The White House would be open to co-ops, she said, a sign that Democrats want a compromise so they can declare a victory.