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Publication Date: January 2007
Publisher: Tax Policy Center
Author(s): Leonard E. Burman; Jason Furman; Roberton Williams; Edward Gramlich
Research Area: Health
Keywords: Elderly; Health Insurance; Tax Policy; Tax Distribution and Economic Trends
Type: Paper
Abstract:
The paper describes the basic features of the President's plan and evaluates the extent to which it would meet its stated goals of expanding health insurance coverage and restraining healthcare spending. The basic approach would improve the market for health insurance, but inadequate attention was paid to problems in the nongroup market or those facing households with low incomes. In consequence, the plan could actually reduce overall insurance coverage. The paper suggests a variety of ways in which the proposal could be improved so more people would be covered, including those with low incomes or in poor health.