Were still finalizing our language, making decisions on how it would work mechanically before we put that forward, Snowe said. But I think that this is an important aspect to the whole debate, because there is a measure of uncertainty of whether or not the reforms will achieve affordability and universal coverage.
The measure, sometimes referred to as a fallback plan, would give private payers enough berth to lower coverage costs, but would use a public option as incentive to do so.
If we can get the private sector to work with the reform and requirements under this legislation
we should certainly opt for that preference, Snowe said. But we also have an obligation to ensure that Americans do have access to an affordable plan.
Schumer said that attempts so far to craft a public plan have fallen short. I like a public option, he said. I dont care what exact form it takes, as long as it has all the traits that are needed to keep the insurance companies honest and (is) available everywhere in the country.
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