That strange sound you heard this morning when you woke up was cheering from across the nation in the executive offices of the insurance providers, who scored a major victory on Capitol Hill yesterday.
Senate majority leader Harry Reid (D-NV) announced yesterday a "broad agreement" that he feels will clear the path to getting the necessary 60 votes to pass legislation on "health care reform". He did not site specific details, but the Associated Press reported yesterday that part of the compromise included eliminating the controversial public option from the bill. Medicare would be expanded as a "buy in" option for those between the ages of 55-64, and Medicaid would supposedly be expanded to add more low income availability to coverage.
Where does that leave the rest of us? Read this article:
http://www.examiner.com/x-32067-Phoenix-Independent-Examiner~y2009m12d9-Democrats-compromise-means-victory-for-the-insurance-industry