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Is a 'public plan' the fix for health insurance?
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| Contributor | Jason |
| Last Edited | Jason Jun 28, 2009 04:21am |
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| Category | General |
| News Date | Sunday, June 28, 2009 10:20:00 AM UTC0:0 |
| Description | Two words — public plan — now dominate the debate over how to overhaul the nation’s health insurance system.
President Barack Obama and many congressional Democrats support the idea of giving Americans a menu of insurance options which would include a government-run plan resembling the Medicare program for older and disabled Americans.
Three House committee chairmen have published a 850-page draft of a health insurance redesign that includes a public plan. In their draft, the public plan would be offered alongside private-sector insurance plans through a government-run marketplace called the Health Insurance Exchange.
People buying in to the Exchange — those with incomes up to $43,000 for individuals or $88,000 for families of four — would get subsidies, called "affordability credits," to purchase coverage.
Details on how a public plan would work won't become definite until a compromise House-Senate bill emerges later this summer. |
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