Wednesday, November 10, 2010

The Hill: Did the Deficit Commission just call for a second look at the Public Option?

First caught (at least in my mind) by Kos on his Twitter account.

The answer is simple: Yes they have:

In their report, Bowles and Simpson urged Congress to set a global target for total federal health expenditures after 2020 and to review costs every two years to keep the growth of healthcare spending in line with the increase of gross domestic product plus 1 percent.

If costs exceed targets, the fiscal commission’s draft proposal would require the president to submit to Congress reforms such as the public option to lower spending.

The chairmen’s proposal calls for consideration of “a robust public option” among other reforms such as an overhaul of the fee-for-service system; an increase in healthcare premiums; a premium support system for Medicare; and strengthened authority for the Independent Payment Advisory Board (IPAB), which under current law will be empowered to restrict Medicare payments beginning in 2015.

Hmmmm....