President George W. Bush plans to propose a tax break of $7,500 for individuals and $15,000 for families regardless of whether they buy individual health insurance or receive health insurance coverage through their employer.
The health insurance proposal is aimed at giving uninsured Americans an incentive to purchase a health plan. It also is designed to encourage those with generous plans to either embrace cheaper health insurance or pay taxes on the part that exceeds the deduction.
If it passes, the proposal would be the first time that workers could get a tax break if they bought their own health insurance.
Bush also plans to announce steps to take some federal money now going to hospitals and other facilities and give it to states for programs to reduce the number of uninsured in the US.
About 80 percent of people with employer sponsored health coverage will actually see their tax liability fall because their health insurance policies cost less than the deduction.
In the US there are an estimated 46 million to 48 million people who are uninsured at some point during the year.
In addition the Bush's proposal, several states are independently working to reduce the number of residents without health insurance.
California, and Massachusetts are both working on plans that would require residents to have health insurance coverage
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