NU Online News Service, Sept. 16, 12:07 p.m. EDT

WASHINGTON–An $700 billion-plus compromise bill calling for cooperatives to provide health care instead of the controversial government "public plan" was unveiled today by Sen. Max Baucus, D-Mont., the Senate Finance Committee chairman.

The legislation, expected to provide the best opportunity to secure a health care delivery system overhaul this year, will form the basis for legislative drafting within the Senate panel that will begin Monday.

Recommended For You

Want to continue reading?
Become a Free PropertyCasualty360 Digital Reader

Your access to unlimited PropertyCasualty360 content isn’t changing.
Once you are an ALM digital member, you’ll receive:

  • Breaking insurance news and analysis, on-site and via our newsletters and custom alerts
  • Weekly Insurance Speak podcast featuring exclusive interviews with industry leaders
  • Educational webcasts, white papers, and ebooks from industry thought leaders
  • Critical converage of the employee benefits and financial advisory markets on our other ALM sites, BenefitsPRO and ThinkAdvisor
NOT FOR REPRINT

© 2025 ALM Global, LLC, All Rights Reserved. Request academic re-use from www.copyright.com. All other uses, submit a request to [email protected]. For more information visit Asset & Logo Licensing.