Thursday, May 21, 2009

Health Insurance: Republican Bill Introduced

A health reform bill was introduced by the Republican Party giving tax payers credit for purchasing health insurance. It didn't include a public insurance choice.

The Patients' Choice Act would halt tax cuts for companies that offer health insurance and give tax credits to those purchasing their own health insurance. More money would be given to lower income families. The Republicans intend to make it easier to shop around for health insurance and assume company-based health insurance is going away as more benefits are taken away and it becomes more and more expensive for the employee.

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