Health Care Proposals In The 2008 Presidential Elections
The health care system in America is undoubtedly in critical need of reform, so it comes as no surprise that the topic of health care is one of the top and most controversial issues for this upcoming election. But the question remains “How?” Two presidential hopefuls, Barack Obama and Hillary Clinton, have taken their stand in resolving the matter.
Senator Clinton, in her estimated $110 billion a year plan, proposes mandatory health insurance, with a variety of plans and prices to choose from. Everyone has guaranteed eligibility, and insurers are prohibited from charging higher rates to those with previous health problems. Large companies are required to provide insurance to their employees or contribute to the public system, while smaller companies will be given incentives to offer insurance or contribute to costs. Clinton also proposes refundable tax credits and income-related tax subsidies to assist lower-income families in paying for coverage, and taxing those with an annual income of $250,000 or more for employer-paid health benefits. Plan options would be made available via the Health Choices Menu, which is currently offered to members of Congress. Those who are satisfied with their current coverage have to option to keep it, at lower premiums and higher quality. Medicaid and SCHIP (State Children’s Health Insurance Program) will remain in place and strengthened.
On the flip side, Obama will mandate all children to have health insurance. Children ages 25 and under will be allowed to receive coverage through their parent’s plans. Employers would be required to provide “meaningful” coverage or contribute towards the cost of a public plan. He also proposes to establish a new public program, the National Health Insurance Exchange, which would provide coverage to businesses and individuals without other access. Obama stresses preventative health strategies, along with disaster preparedness. His plan is estimated to cost $50 to $60...
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