Wednesday, July 09, 2008

Very Brief Health Care Thought

For the life of me I can't remember where I read it, but I did read someone's fascinating thoughts on the notion of encouraging health care markets while having the government cover the health care expenses of those with large medical bills. The idea was that individuals would be responsible for a certain percentage of their health care costs, but beyond a certain point- say 15% of your annual income- the government would step in and cover the remainder of your health care costs.

It's an interesting idea and combined with a few more measures- like changing the treatment of employer provided health insurance in the tax code- it actually sounds like a workable compromise between free marketers and those concerned with universal coverage.


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