Reason Number Two - Health Care Reform UPDATE
John McCain and Sarah Palin will make it easier for individuals and families to obtain health insurance. Their plan will use competition to improve the quality of health insurance with greater variety to match people's needs, lower prices and ensure portablility. Families will be able to purchase health insurance nationwide, across state lines.
It will provide a tax credit to offset the cost of insurance, make it portable so that insurance follows Americans from job to job and expands the benefits of Health savings Accounts.
The McCain plan transforms the current tax code to provide all American families – including the self-employed and the uninsured – the same tax benefit, a $5,000 refundable tax credit ($2,500 for individuals) that was previously only available to those with employer coverage. Families can use this credit to purchase insurance of their choice, including keeping their current coverage.
Under the McCain Plan, your employer can provide you with health insurance and you would pay no more in taxes – regardless of your tax bracket. In fact, you would have some additional money left over from the McCain tax credit to put in a health savings account.
While I don't think that government really should be involved in Health Care, McCain's plan is more of a hand's off, private enterprise approach.