Key Senate Panel Rejects Public Option Plans - NBC Bay Area

Key Senate Panel Rejects Public Option Plans

Baucus plan gathers steam after more liberal versions are nixed



    Key Senate Panel Rejects Public Option Plans
    Senate Finance Committee Chairman Sen. Max Baucus, D-Mont., second from right, talks with teh committee's ranking Republican Sen. Charles Grassley, R-Iowa, right, on Capitol Hill on Tuesday.

    A key Senate panel voted down two proposals that would have created government health insurance plans that would compete with the private market.

    In what was seen as a victory for Sen. Max Baucus health insurance reform plan, the Senate Finance Committee voted against a plan by Jay Rockefeller, (D-W.V.), that would have created a public carrier that could sell policies in competition with the private sector. Then, the committee nixed a more moderate version sponsored ny Chuck Schumer, (D-N.Y.).

    Baucus hopes his middle of the road version of reform will attract at least one or two Republicans, a prospect that would have been precluded by any plan with a public option. Those who opposed the public option said it would drive private insurers out of business.

    Get more: MSNBC