Doug Holtz-Eakin, Senior Policy Adviser, McCain-Palin 2008 held a press conference call this afternoon.
The Obama ads on McCain’s health plan proposals can best be described as “cynical and deceitful” which “can only indicate lack of honor”.
Nothing changes for the employer under McCain’s reforms.
Not a big tax increase: if you’re receiving the same health plan as a congressman, a $12,000 health plan your tax liability doesn’t increase. Individuals will be in control of the moneys and will be able to shop across state lines and find the plan they need, fo reasonable cost and high quality of service.
The McCain plan is designed to build on employer coverage.
The Obama plan, when Medicare is already broken, is pushing for yet more bureaucracy and is estimated to cost $250million a year.
1. Lynn Sweet, How do you value the employer contribution for tax purposes, and how will people understand it?
A: Any valuation from employer to employee will be treated as taxable contribution. We must make sure people understand the plan by providing accurate information.
Adam Aigner from NBC and Alexandra Marks also asked questions.
What incentives will the private sector have to continue research and development of medical technology and that there is competition so the US continues to provide the best healthcare in the world and remains a leader in the field?
A: Two, which are, 1. There’s still a fundamental government financing basic research, which will continue.
2. What are the incentives for high value care under these policies:
A renewable policy for the individual, which provides two things, prevention and follow-up, but also with the best cost-effective intervention when medically necessary.
The plan will provide incentives for innovation by targeting the fields for innovation.
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