McCain: Health Care Choice for People
- Josiah Ryan - CNSNews.com
- Jul 10, 2008
(CNSNews.com) – Sen. John McCain (R-Ariz.) said during the Republican primaries that if he is elected president, he will try to shift the financial responsibility for health-care insurance away from employers to individuals.
As he campaigns, he is pushing that message.
Currently, employers pay 71 percent of the health care insurance premiums in America.
Under current laws, employers’ costs for health care are exempt from income taxes. McCain’s plan would remove this tax break and replace it with a $2,500-a-year refundable tax credit (or rebate) for individuals, or a $5,000 rebate for families to offset the costs of insurance.
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