Obama defends public insurance option amid private sector's opposition

06/24/2009 | NYTimes.com

Claims that the public health insurance plan would undermine the private sector are "not logical," as the government-run option would serve as an "important tool to discipline insurance companies," President Barack Obama said Tuesday. He made his remarks shortly after Karen M. Ignagni, president of America's Health Insurance Plans, and Blue Cross and Blue Shield Association chief Scott P. Serota stated strong opposition to the public option, saying it would "use its built-in advantages to take over the health insurance market."

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