Bill O'Reilly Supports a "Public Option?"

There must be something behind this that I'm not getting. Bill O'Reilly, on his Wednesday show, seemingly endorsed the public option for health care reform. It is, of course, possible he was endorsing the public co-ops proposed in Sen. Max Baucus' bill, but it sure sounds like it's the public option.

He was speaking to the Heritage Foundation's Nina Owcharenko.

O’REILLY: The public option now is done. We discussed this, it’s not going to happen. But you say that this little marketplace that they’re going to set up, whereby the federal government would subsidize insurance for some Americans, that is, in your opinion, a public option?

OWCHARENKO: Well, it has massive new federal regulation. So you don’t necessarily need a public option if the federal government is going to control and regulate the type of health insurance that Americans can buy.

O’REILLY: But you know, I want that, Ms. Owcharenko. I want that. I want, not for personally for me, but for working Americans, to have a option, that if they don’t like their health insurance, if it’s too expensive, they can’t afford it, if the government can cobble together a cheaper insurance policy that gives the same benefits, I see that as a plus for the folks.

Naturally he doesn't want, or need, it personally for himself, rich as he is, but it's still something I never thought I would hear him say. I have to wonder, what's the catch?