President Obama has thrown his support to a “public option” as part of fixing the Affordable Care Act as well increasing the number of states with Medicaid expansion and expanding enrollee tax credits. He called it all addressing the ACA’S “growing pains.”
To address uncompetitive ACA marketplaces, the president proposed creating a “public fallback plan” — i.e., a “public option” — that would be offered with commercial insurance in markets with too-limited competition.
He said that it is not “the time to move backwards on healthcare reform” and that “problems that may have arisen from the Affordable Care Act [are] not because government is too involved in the process. The problem is we have not reached everybody and pulled them in.”
To read a Becker’s Hospital Review story on this, please hit this link.