October 14, 2008

McCain's Health Insurance Reform Plan To Lower Uninsured By 21Mil

by Ethan Calvin

In a different article we posted a while back, we stated that McCain would cover only 2 million new Americans with his new proposal. WE got those numbers from a report by the Commonwealth Fund, a liberal foundation.

Apparently, the Lewin Group is competing with this report. We are unsure of their political biases. This report showed that McCain's plan would cut the uninsured numbers down by 21 million by 2019. The Los Angeles Times and Associated Press report this.

McCain's plan would hit the 21 million figure by the fact of 24 million people using the tax credit McCain wants the government to provide. This tax credit is intended to help American's buy their own individual health plans on the private market. It is thought that about 16 million workers will lose their group health insurance from their employers. the report was under the impression that new companies would step up and offer health insurance for the first time, offsetting at least some of the 16 million who might lose their coverage.

The study, though, was met with some skepticism. The biggest argument against the Lewin Group's report is that it doesn't account for people being denied coverage in the private market because of pre-existing health conditions. But the Lewin Group acknowledged that is accounted for in their report."The people who are sick are going to have a lot of trouble affording coverage, even with the credit," said Lewin Group Vice President, John Sheils.

Half of uninsured people today are between the ages of 19 and 34, says Sheils. Sheils says that is the group that McCain will comprise the biggest number of those who lost coverage from their employers. The report is interesting, but our gut feeling is that hte number could be inflated.

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Filed under affordable health insurance by Ethan Calvin

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