Obama Plan Blends Public Coverage with Health Insurance Companies

President Obama is urging key senators to send him reform legislation that will give consumers a choice between public coverage and staying with their current health insurance companies.

Congress has begun the difficult task of weighing a number of different healthcare proposals, and this week Obama urged them to get a bill to his desk by October.

"The plans you are discussing embody my core belief that Americans should have better choices for health insurance, building on the principle that if they like the coverage they have now, they can keep it, while seeing their costs lowered as our reforms take hold," wrote the president in a letter to Senators Max Baucus and Edward Kennedy.

A New York Times report cited another leading senator, Barbara Mikulski, as saying that for Obama to sign a bill by October, both house of Congress would have to vote for it by the end of August and then resolve any lingering differences in September.

While it remains to be seen what form the final legislation will take, key components at this point focus on cutting costs and preserving the right of consumers to select their own health insurance companies.

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