HCMG 250 Lecture 7: Week 7 Notes
4 Apr 2016
School
Department
Course
Professor
Document Summary
Hillary clinton supported an individual mandate, but obama didn"t during the presidential run. Mccain wanted an individual mandate for parents with children. Mccain and obama supported importation of drugs from other countries. Mccain and obama supported tort reform to lower defensive medicine costs. Mccain advocated ending tax exemption of employee and employee health premiums. Obama supported medicare negotiating drug prices directly with manufacturers. Get rid of tax exemption and instead have refundable tax credit. Tax credit would help make up for the increased taxes. A credit is more valuable than a deduction (tax exclusion), esp. for low-income people. Tax credit was not enough for low-income people to afford a policy. Plan was a good start but not good enough. Allowed insurance companies to sell their policy to any state (vs only one state) Reduced the number of people covered by medicaid and employees to encourage them to enter private insurance.
