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Click here to visit the new home of Politics Daily!It's practically an accepted notion that people without health insurance are well taken care of by public hospitals, and thus many believe there's no need for a national health care plan. Not so, according to a new study of uninsured Americans nearing retirement. A major illness such as cancer, stroke, diabetes or a psychiatric disorder will suck up one-third to one-half of the total accumulated assets of uninsured people between the ages of 51 and 64, according to Northwestern University researchers who looked at 14 years of data. And they may be underestimating. ...
As I write, the future of the so-called public option for health care coverage hangs in the balance. The bipartisan health plan reportedly favored by the Senate Finance Committee lacks a government insurance option. Meanwhile, House Democratic leaders drew upon a new congressional report yesterday to rebut Republican claims that a public health insurance plan would drive private insurers out of business. Where we're headed is anyone's guess. All we know for sure is that -- according to Speaker of the House Nancy Pelosi -- we're on track to vote on the bill "now . . . or whenever." ...
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