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McCain Health Plan Calls For Tax Rebates, Increased Competition

Presidential candidate Senator John McCain, R-Ariz., plans to use consumer-driven methods to help control health care costs. In his recently released health care agenda, Sen. McCain said he would offer tax credits of $2,500 to $5,000 to help pay for insurance costs for those without employer-sponsored coverage.. Any leftover funds could be deposited into a health savings account (HSA). In addition to the promotion of more market-driven, consumer-focused methods, McCain also stressed that individuals need insurance that is not tied to one particular employer. “Americans need new choices beyond those offered in employment-based coverage,” he said in prepared remarks. “Americans want a system built so that wherever you go and wherever you work, your health plan is goes with you. And there is a very straightforward way to achieve this.” Sen. McCain included promoting competition among drug manufacturers through “re-importation” of certain prescriptions as one method for reducing health costs. According to his campaign Web page, these other approaches would also cut costs:

  • Promoting Coordinated Care. Coordinated care -- with providers collaborating to produce the best health care -- offers better outcomes at lower cost.


  • Reforming The Payment System To Cut Costs. Reforming the payment systems in Medicaid and Medicare would help compensate providers for diagnosis, prevention and care coordination.


  • Passing Medical Liability Reform. Medical liability reform that eliminates lawsuits directed at doctors who follow clinical guidelines and adhere to safety protocols.
For more details on the proposed health plan, click here.
   
 
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