While watching the Presidential Debate last night the topic of health care came to light. Senator Obama wants you to keep the same coverage same employer health care with lower premiums, while down McCain was quoted as saying and "I want to give every American a $5,000 refundable tax credit," McCain said of his health care proposal, which would replace an income tax break for employees who receive health insurance from employers with a refundable tax credit of as much as $2,500 for individuals and $5,000 for families who purchase of coverage through their employers or the individual market. "They can take it anywhere, across state lines. Why not? Don't we go across state lines when we purchase other things in America?" (AP/Kansas City Star, 10/7).
Senator Obama seem to make his proposal sound simple, but experts are saying he has not shown how he will go about getting the employer based health care for a lower premium so that the average worker can benefit from the growing problems with are health care system. Obama said of his plan, "If you've got a health care plan that you like, you can keep it," adding, "All I'm going to do is help you to lower the premiums on it." He said, "Small businesses are not going to have a mandate. What we're going to give you is a 50% tax credit to help provide health care for those that you need. Now, it's true that I say that you are going to have to make sure that your child has health care" (AP/Kansas City Star, 10/7). The issue here is no one is saying how much it will really cost the american taxpayer to enroll these plans by John McCain or Barack Obama.
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