:: Giuliani Proposes Tax Incentives To Develop Insurance Market

August 1, 2007 · Posted in ERISA, Health Care Reform 

Presidential candidate Rudy Giuliani proposed tax benefit to promote the purchase of private health insurance. The idea in a nutshell: build a larger market base through tax incentives so that competition will drive down the cost of health insurance.

Giuliani proposes a tax exemption of up to $15,000 for a family and $7,500 for individuals. Consumers would be able to purchase an insurance policy to fit their needs, with any remaining funds going to a health savings account for deductibles or other uncovered medical expenses.

More from the candidate’s website:

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