Sen. Olympia Snowe (R-Maine) last week held a private meeting to discuss a compromise on health care reform legislation that would include a "fallback public plan," implemented in several years if private insurers do not take steps to make coverage more affordable and accessible, CongressDaily reports.
The plan is modeled on the Medicare prescription drug benefit, under which the government can offer prescription drug benefits if private insurers choose not to do so. The government currently does not offer a Medicare Part D directly plan because a sufficient number of private firms have done so.
According to CongressDaily, Snowe is seeking to go further than the fallback option under Part D, in which success is measured on the number of participating insurers. Snowe would measure success by the affordability and accessibility of private plans.
Snowe has had conversations regarding the plan with Senate Finance Committee ranking member Chuck Grassley (R-Iowa) and Sen. Orrin Hatch (R-Utah), CongressDaily reports. In addition, Sens. Ron Wyden (D-Ore.) and Thomas Carper (D-Del.) also have expressed interest in the proposal.
A Republican committee aide said that a public plan that offers the same benefits as private plans and is funded by money from premiums rather than taxpayer money, such as that proposed by Sen. Charles Schumer (D-N.Y.), could be put in place if private insurers fail. The aide said, "If you've done everything you possibly can, and you don't get the result that you need, then a lever there might be helpful as long as the lever doesn't take over the whole system" (Edney, CongressDaily, 5/19).
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