McCain's plan aims at eliminating "the bias toward employer-sponsored health insurance" by offering tax credits for individual plans, according to his campaign website. The credits would be $2,500 for individuals and $5,000 for families. Those amounts would be subtracted from the final tax bill. Families, the campaign says, should be able to buy nationwide policies that can move from state to state.
The Bush administration has proposed health care tax deductions of $7,500 for individuals and $15,000 for families.
Such write-offs have limited value because average family health care plans cost about $12,000 a year, says Ken Thorpe, a health policy professor at Emory University in Atlanta. Also, many insurers won't accept individuals with pre-existing medical problems, he says.
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