The merged House health care reform bill is expect to be announced tomorrow around 10:00 AM EDT. Reporting indicates that it is unlikely to contain the public option tied to Medicare rates favored by progressives. This will hurt the public option’s ability to strongly drive down prices and dramatically save the government money.
Regardless of which public option the House bill contains, the CBO says it will extend coverage to 6-7 million more Americans than the Senate Finance Committee package. The House bill is expected to cover an additional 36 million Americans, while the Senate Finance Committee bill would only cover an additional 29 million people.