Scott Walkers Health Plan: Good, but Could Be Better
Also published in Forbes Tue. August 18, 2015
Gov. Scott Walker is the first of the Republican presidential candidates this year to propose a full-throated alternative to Obamacare. It is a bold proposal that deserves serious consideration.
The main elements. Here are the highlights:
1. There would be no federal mandateseither for individuals or for employers.
2. Everyone who does not have coverage from an employer would get a fixed sum tax credit for the purchase of health insurance. The credit would increase by age, but would not vary by income.
3. The government would make a one-time, $1,000 deposit to the Health Savings Account of everyone who has health insuranceincluding children and including people who get insurance at work.
John C. Goodman is a Senior Fellow at the Independent Institute and President of the Goodman Institute for Public Policy Research.
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