Countdown to Election Day:
525 Reasons to Dump Bush
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February 25, 2004
#251 - Dropping the Ball on Healthcare
From today's Wired News, "Bush Health Tax Credits Won't Aid Uninsured, Study Says":
Tax credits for the poor to buy health insurance such as those proposed by the Bush administration are unlikely to reduce the rolls of the estimated 43 million U.S. uninsured, a study released on Wednesday said.
The struggling economy and corporate layoffs have pushed record numbers of people off health insurance in recent years. Most Americans get health coverage through employers.
A remedy proposed by President Bush offers tax credits to the needy, who would be required to buy health insurance individually. Past Bush plans were projected to cost taxpayers $89 billion over 10 years.
But these people would have to spend significantly more if they took the tax credit option, according to an analysis of some 8,000 low-income Americans without health insurance.
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