More Health Care Reform Plan Blogging
Another Judgment that the Fed Has Just Made a Mistake

Sherry Glied on McCain's Health Plan

Bob Herbert writes:

McCain’s Radical Agenda: Talk about a shock to the system. Has anyone bothered to notice the radical changes that John McCain and Sarah Palin are planning for the nation’s health insurance system? These are changes that will set in motion nothing less than the dismantling of the employer-based coverage that protects most American families. A study coming out Tuesday from scholars at Columbia, Harvard, Purdue and Michigan projects that 20 million Americans who have employment-based health insurance would lose it under the McCain plan.

There is nothing secret about Senator McCain’s far-reaching proposals, but they haven’t gotten much attention because the chatter in this campaign has mostly been about nonsense — lipstick, celebrities and “Drill, baby, drill!” For starters, the McCain health plan would treat employer-paid health benefits as income that employees would have to pay taxes on. “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...

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