Reports: Reid's Bill Is Ready, Includes 'Opt Out' Public Option

According to news reports, Senate Majority Leader Harry Reid is sending the Senate's health care bill to the Congressional Budget Office today, and may unveil the bill publicly as early as tomorrow.

MSNBC, Reuters, the Wall Street Journal, CNN, Fox News and the Washington Post are all reporting this timeline.

The bill reportedly includes a public option, but states may opt out of the program.

According to the Wall Street Journal, it also includes a $750 fine per employee for employers who don't provide insurance and whose workers receive government subsidies for health insurance.

It will also prohibit insurers from dropping or denying coverage to sick patients.