America's Health Insurers to the Rescue . . .
by Actuary4Change
Sat Jul 19, 2008 at 10:12:11 AM PDT
America's Health Insurers to the Rescue . . . of themselves.
AHIP has a new website ahipbelieves.com that lets them jump on the "Health Care Reform" bandwagon. (Warning. You may want to shower after visiting this site.)
Their plan has 5 "key elements:"
Expanding the State Children's Health Insurance Program (SCHIP) to make eligible all uninsured children from families with incomes under 200 percent of the Federal Poverty Level (FPL).
Improving and expanding Medicaid to make eligible all uninsured adults, including single adults, with incomes under 100 percent of the Federal Poverty Line.
Establishing a Universal Health Account (UHA) to allow all individuals to purchase any type of health care coverage and pay for qualified medical expenses with pre-tax dollars, with federal matching grants for contributions made by working families to the UHA.
Establishing a health tax credit of up to $500 for low-income families who secure health insurance for their children.
Establishing a new $50-billion Federal Performance Grant to assist states in expanding access to coverage.
Now let's pick these apart in detail.
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