There have been several good articles comparing the two Presidential candidates' health care policy proposals over the past couple of days, and Steve Benen at Washington Monthly has links to them conveniently located in one place.
If your employer pays for your health insurance, McCain's plan taxes that subsidy as your personal income; he then wants to issue you a tax credit to try to make up for it.
Aside from the Rube Goldberg aspect of this (Tax it! Give it back!), what it really means is that more employers will decline to offer health insurance as a perk and employees will be thrown into the more expensive individual plan market. Insurance companies will then cherry-pick healthy individuals, and the less-healthy will become uninsured.
Read those articles.
Posted by Linkmeister at September 16, 2008 11:27 AM | TrackBack