Senate Democrats reached a tentative deal on the public option Tuesday night. In exchange for dropping the contentious provision, medicare will be expanded for those of age 55+ (may start in 2011), a national insurance plan would be administered by the same federal agency that oversees the respected Federal Employees Health Benefits Program(the insurance options within that plan would be offered by private, nonprofit entities) and finally, a national public option would kick in if insurance companies did not meet certain coverage standards (aka a trigger)
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Senate Democrats reach tentative deal on public option