Monday, September 17, 2007
Clinton unveiled the highly-anticipated health care plan: $110 billion/year
Clinton unveiled her new health-care plan in Iowa. The New York Times reported the story here. As expected, the plan builds on the successful experience of Medicare, and in addition tries to help accommodate fears of those currently receiving high-quality private insurance. The plan will offer a wide degree of choice and offer a combination of subsidies for employer-provided insurance, private insurance, and government health insurance.
Two other Democratic candidates have different health care programs as a part of their campaign platform. Barack Obama's plan focuses on requiring employees to provide insurance and on expanding insurance for those worse off. John Edwards' program is similar to Clinton's in that it focuses on giving people the choice, but in addition promises to fund the new plan by increasing taxes on those at the top of the income distribution.
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