McCain Addresses Universal Health Insurance Coverage
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According to FOXNews.com, McCain cleared up some confusion regarding his ideas for employer provided insurance, since some aides had erroneously indicated that to help pay for his sweeping reforms, McCain would end a provision in the tax code that allows employers to deduct the cost of health care from their taxable earnings. "But on Wednesday, McCain said, 'There's no reason for us to remove the employer tax incentive. I think that should stay exactly as it is.'"
McCain does admit that under his plan employees who have employer-provided health insurance would be taxed on the portion of their coverage that their employer pays. But those costs would be offset by providing tax credits of $2,500 to individuals and $5,000 to families, effectively paying for their health insurance coverage.
McCain insists that while he does want health insurance coverage for all Americans, he does not feel that coverage should be mandated. Instead, incentives should be offered that would make it easier for employers to offer coverage, and easier for the American public to afford it.












