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Public Option Creates Competition, Lowers Costs for Families & Businesses
October 28, 2009 —Following Senate Majority Leader Harry Reid's announcement this week that the Senate health care bill will include a public option with a state opt-out provision, Senate Democrats joined small business and consumer advocates to discuss the benefits of the public option. "Small businesses are buckling under rising health care costs, and if the status quo continues, more and more of them will be forced to stop providing coverage for their workers," said Senator Charles Schumer. The public option, the Senators explained, will reduce costs and ensure competition within the insurance industry that will benefit individuals and businesses. "Everyone in our Caucus understands that if we do nothing, the system will collapse," said Schumer.
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The Senate will convene at 2:00 p.m. and proceed to a period of morning business until 3:00 p.m. with Senators permitted to speak for up to ten minutes each. Following morning business, the Senate will resume consideration of H.R.3590, with Senator Reid, or designee, permitted to offer the first amendment to the Reid substitute; further, that Senator McConnell, or designee, be permitted to offer the next amendment to the substitute with no other amendments in order during Monday's session. There will be no roll call votes during Monday's session.
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