"I also strongly believe that one of the options in the exchange should be a public insurance option. And the reason is not because we want a government takeover of health care. I've already said, if you've got a private plan that works for you, that's great. But we want some competition. If the private insurance companies have to compete with a public option, it will keep them honest and it will help keep their prices down." —President Obama in today's town hall meeting on healthcare
Huzzah!
Adding... The AMA backed down from their anti-public-option position. Huzzah, again!