Wednesday, January 20, 2010

A Simple Health Care Proposal

Raise the Medicare tax by half a percentage point, and eliminate the tax-deductibiity of health insurance benefits for people making more than $150K a year in household income, $100K for singles. Then make the federal government the insurer of last resort. Any medical expenses more than 15% or 20% of household income, get picked up by Uncle Sam.
A simple health care reform proposal, post Scott Brown's Senate election win, "Killing Off the Insurers the Conservative Way" by Megan McArdle. One of many new health care proposals that will surface after the Democratic loss in Massachusetts.

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