Health care reform will be difficult to do following the November election. I’ve even called it a long-shot. Polls clearly show the voters split between the Democratic and Republican approach to health care reform evenly. I can’t tell you who’ll win the presidency, but I am willing to help make the bold statement that it’ll be a detailed election and neither completely different approach to healthcare reform will love any type of mandate. That will indicate finding common floor between these very different strategies could be more than challenging. But we might have an overview already.
For the Republicans, it gives them a plan that moves away from the third-party employer-based payment system to one of specific responsibility and the guarantee of a far more lively market. For the Democrats, it offers an idea that guarantees everyone will have access to coverage and the funding to get about everyone covered in the short-term.
Congressional Budget Office and the Joint Committee on Taxation said the Wyden-Bennett plan could be functional by 2012 and would be budget natural by 2014! In healthcare terms, parting the Red Sea would be a less strenuous accomplishment. The key to the individual-based program’s financing is an employer contribution. Employers would be required to pay taxes based on a sliding level of 3% to 26% of the cost of basic health insurance–tied with their size and income per worker.
2,000 for an employer. Employers who now contribute would be asked to convert their contributions to higher wages … Read the rest