In the 9.16.08 Health Affairs, Introduction to Health Economics Professor Sherry Glied has co-authored a piece regarding the candidates’ health care plans. To down load the entire article; click here.
From the abstract….
Senator John McCain’s (R-AZ) health plan would eliminate the current tax exclusion of employer payments for health coverage, replace the exclusion with a refundable tax credit for those who purchase coverage, and encourage Americans to move to a national market for nongroup insurance. Middle-range estimates suggest that initially this change will have little impact on the number of uninsured people, although within five years this number will likely grow as the value of the tax credit falls relative to rising health care costs. Moving toward a relatively unregulated nongroup market will tend to raise costs, reduce the generosity of benefits, and leave people with fewer consumer protections.
Professor Glied, and the Health Affairs study, were also in a Bob Herbert Op – Ed in today’s New York Times.
It means your employer is going to have to make an estimate on how much the employer is paying for health insurance on your behalf, and you are going to have to pay taxes on that money,” said Sherry Glied, an economist who chairs the Department of Health Policy and Management at Columbia University’s Mailman School of Public Health.
The Health Affairs site also features an analysis of the Obama Health Plan by Joseph Antos, Gail Wilensky, and Hanns Kuttner.