Al From writes in the WSJ that if the Democrats were willing to give up on the public option,

Congress would pass a bill that requires every American to buy insurance, offers consumers a choice of plans through a new health exchange like the successful Commonwealth Connector in Massachusetts, provides subsidies that assure everyone can afford a basic plan, and prevents insurance companies from denying coverage to people with pre-existing conditions or dropping coverage for people who become sick.

From is exactly right, as I argued earler.

From, of course, endores of Obamacare, while I oppose it. But our analyses of the political realities are identical.