Let us now praise that which is good:

The health-care reform legislation pending in Congress would be the largest program on behalf of low- to moderate-income people in the United States since the 1960s. Besides subsidizing coverage, it would create a new mechanism for purchasing insurance that would give greater buying power to people who now purchase policies individually and through small employers. It would eliminate pre-existing condition exclusions. It would enable people to buy policies at the same price regardless of their health (albeit with some allowance for differences in age). It would raise the standards of coverage for millions of people who are underinsured. It would represent a commitment by the federal government to make health insurance affordable to every American. And by making that commitment, the government would effectively commit itself to controlling both public and private health-care costs.

Oh, and by the way, according to the Congressional Budget Office, it would reduce the deficit and, according to the Medicare actuary, it would extend the life of the Medicare trust fund.

The public option has received far more attention than it deserves.

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