07-06-2008, 03:39 PM
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Join Date: Oct 2007
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McCain's health plan: A threat to employer plans?
Don't you just love the way the AP slants the entire story with that headline? 
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The Republican presidential nominee-in-waiting has proposed that everyone buying health insurance get a refundable tax credit, $2,500 for individuals and $5,000 for families. At the same time, he would treat employer contributions toward health insurance like income, meaning workers would have to pay income, but not payroll, taxes on it.
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Joseph Antos, who studies health care policy at the American Enterprise Institute, a conservative think tank, said it's predictable that McCain's proposal would move more people into the individual market because some workers could simply get a better deal there. Not only are the premiums typically cheaper for younger, healthier workers, but any difference between the tax credit and the premiums can be redirected into a health savings account
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Burman said a family earning $60,000 with a typical employer-provided insurance policy that costs $12,100, of which the employer pays more than 70 percent, gets a tax subsidy amounting to about $3,400 under current tax law. Under McCain's proposal, that subsidy increases to $6,700, Burman said.
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McCain's health plan: A threat to employer plans? - Yahoo! News
So while I'm trying to determine just what McCain's plan consists of, I have to wade through this mess of rhetoric about it being bad for employers. They even give a paragraph quote of Obama's opinion on the plan. When I want to read about Obama's plan, I want to read about Obama's plan. Right now I want to hear what McCain's views are. WHy can't they just print the damned plan and let me be the judge?! 
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