Will Giuliani's Health Care Plan Work?June, 2007
According to the Kaiser Network, Former New York Mayor and presidential candidate Rudy Giuliani (R) plans to announce an
individual health insurance proposal that would shift tens of millions of U.S. residents from employer-sponsored to individual coverage "as a way of giving people more coverage choices."
As one of the few republican hopefuls addressing the topic, it's already gathering buzz. The plan would supposedly not eliminate employer-sponsored health insurance but would promote a health insurance system in which neither state regulations nor federal tax laws force residents into expensive health plans.
The key is that Giuliani's plan would allow residents to purchase individual health insurance from any state, regardless of where they live. This would then hopefully lead to a more competitive market, lowering prices and making it easier for consumers to get the coverage they need at prices they can afford.
In addition, the proposal would provide tax deductions for all residents who purchase health insurance, regardless of whether they obtain coverage through their employers or the individual market. Giuliani asserts that this health care plan would be less expensive and more feasible than the universal health coverage that has been popular with democratic presidential hopefuls.
Facts on:
Individual Health Insurance
Did you know...
Giuliani's plan would provide tax deductions for all residents who purchase health insurance?
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Detractors of Giuliani's plan fear that insurance agencies would recover costs by limiting the services, medications, and care available for anyone who opts for insurance. This would contribute to the vast amount of medical debt that has troubled both hospitals and consumers who can't afford to pay for expensive treatments or medications.
Regardless, as more and more presidential hopefuls address the topic it makes the subject of affordable individual health insurance, or any type of
health care plan Giuliani's for that matter, more likely to see political action. And that's always a good thing, no matter what side of the political spectrum you happen to fall on.
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