Senate panel rejects public insurer option
By Lisa Wangsness | Wednesday, September 30, 2009 | The Boston Globe
“…The votes by the Senate Finance Committee were a setback for advocates of creating a public plan to compete with private insurance companies under the new health care system that President Obama and Democrats have envisioned. But proponents vowed to continue the fight. Senator Charles Schumer, a Democrat from New York, said the public option was vital to ‘adding competition to the coagulated, ossified, and fundamentally anticompetitive insurance market’…..”…..BS
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