House members leaving an evening meeting with House Speaker Nancy Pelosi said a “robust” public option was gaining support, buoyed by preliminary estimates from budget analysts putting the cost of a bill with the option at less than President Barack Obama’s $900 billion target.
“The robust public option clearly outperforms the others,” Representative Robert Andrews said after a two-hour meeting to discuss the choices. “Members are searching for the best way to reduce the cost of the bill and this is the best way.”
Think about it. The principle of insurance is creating a large risk pool, so that the cost per subscriber is kept low. Then, to best serve the public, keep administrative costs down and put most of the money into care and services. That’s the public option. Of course it saves money.