• The Heritage Network
    • Resize:
    • A
    • A
    • A
  • Donate
  • Conservative Approaches to Health Care

    A little more than a week before California’s February 5, primary, state legislators voted down Gov. Arnold Schwarzenegger’s $15 billion health care proposal. Since health care is the third most important issue for voters (behind economic growth and the war in Iraq) and failures like Schwarzenegger’s mean the health care debate will shift to Washington, now is a good time to review what some candidates health care plans look like.

    Both Senator John McCain and Governor Mitt Romney are proposing major reforms in the health care system that would achieve the same objective: transferring the power and control over health care dollars to individuals and families. Both would promote portability of health coverage for individuals and families. To achieve this, both men would make major changes in the federal tax treatment of health insurance.

    In the case of Senator McCain, the major tax change would be the creation of a universal health care tax credit that would be available to every citizen. This would equalize the tax treatment of health insurance and make health insurance more affordable for millions of Americans. In the case of Governor Romney, the change would be in the form of a universal tax deduction for health care expenses. Also both candidates would pursue health insurance market reforms. In the case of Senator McCain, he would create a national health insurance market, where individuals and families would be able to buy health insurance across state lines.

    In the case of Governor Romney, the heavy lifting on health insurance market reform would be left to the states, though the Governor would also redirect existing federal funding to the states to help states to expand coverage to low income individuals. Romney’s major objective is to encourage the creation of new state insurance markets where individuals and families would be able to purchase health insurance, own their policies like other types of insurance policies, and take their coverage from job to job without a tax or regulatory penalty.

    Posted in Obamacare [slideshow_deploy]

    Comments are closed.

    Comments are subject to approval and moderation. We remind everyone that The Heritage Foundation promotes a civil society where ideas and debate flourish. Please be respectful of each other and the subjects of any criticism. While we may not always agree on policy, we should all agree that being appropriately informed is everyone's intention visiting this site. Profanity, lewdness, personal attacks, and other forms of incivility will not be tolerated. Please keep your thoughts brief and avoid ALL CAPS. While we respect your first amendment rights, we are obligated to our readers to maintain these standards. Thanks for joining the conversation.

    Big Government Is NOT the Answer

    Your tax dollars are being spent on programs that we really don't need.

    I Agree I Disagree ×

    Get Heritage In Your Inbox — FREE!

    Heritage Foundation e-mails keep you updated on the ongoing policy battles in Washington and around the country.

    ×