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Monday, June 16, 2008  

New Ideas for Individual Health Insurance Laws

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When Hillary Clinton conceded her loss in the Democratic national election, many people believed it would be the end of a pursuit for universal health care. But, as other legislators suggest various ideas and mandates for individual health insurance, it seems this might not be the case.

And who would have thought that Clinton's one-time political nemesis, Former House Speaker Newt Gingrich, would be the one to propose a mandate for more financially secure Americans who don't purchase individual health insurance?

As it's reported at Kaiser's Daily Health Report, Gingrich outlined a health care proposal this week that would include a mandate for U.S. residents who make more than $75,000 a year to purchase individual health insurance, or have to post bonds to cover the cost of their care when they end up in the emergency room.

While it's hard to believe that anyone who is financially secure would fail to purchase insurance, this does actually happen. And of course, when those people are sick or injured, their care costs us all.

Gingrich also says that he supports federal tax credits for those low-income residents who purchase individual health insurance, though many critics of this plan argue that even with tax credit low-income Americans can't afford many of the out-of-pocket costs associated with health care.