BUSINESS
09/17/2009 05:12 am ET Updated May 25, 2011

Insurers' Stocks Rise As Public Option Prospects Fade

WASHINGTON (MarketWatch) -- Odds are growing longer for the public health-insurance option that the White House has pushed as part of an overhaul of the U.S. health-care system, with President Barack Obama saying over the weekend that such an option doesn't represent the "entirety" of health-care reform.

"The public option, whether we have it or we don't have it, is not the entirety of health-care reform," Obama said on Saturday in Grand Junction, Colo. "This is just one sliver of it."

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