A Public Option is scheme to allow the Government to create a pool of mostly sick people and create an “insurance” scheme, if you can even call it that. The reason the Government would allow it, is because the Corporations and Lobbyists would buy the majority of the members of the House and the Senate off to keep it underfunded, and doomed to failure.
The truth is that the Health Insurance industry is proof that this Capitalist system has NOT been able to provide the valuable service that it claimed to provide. And when the Capitalist system cannot deliver, a Socialist system will step in. Capitalism needs to make good on its value proposition perpetually, because it is the system that claims that individual greed offers better results than socialist altruism.