Huffpost Politics

Tom Daschle: Public Option Killed By 'Understanding' Between Legislators, Hospitals, Insurers

Posted: Updated:

In his book, Daschle reveals that after the Senate Finance Committee and the White House convinced hospitals to to accept $155 billion in payment reductions over ten years on July 8, the hospitals and Democrats operated under two "working assumptions." "One was that the Senate would aim for health coverage of at least 94 percent of Americans," Daschle writes. "The other was that it would contain no public health plan," which would have reimbursed hospitals at a lower rate than private insurers.

Read the whole story at Wonk Room

Around the Web

Rahm Emanuel didn't kill 'public option,' says Kathleen Sebelius

Time to bring back the public option?

Labor chief: Democrats 'too timid' on health care, economic efforts

A career ally keeps 'Daschle Inc.' steady

Obama's new top aide was key Daschle adviser