Monday, February 4, 2008

Obama Offers Health Care Plan

Recently Senator Barack Obama proposed a new health care plan that would overhaul a major hindrance that uninsured Americans are facing today. According to his plan, about 45 millions of uninsured Americans will benefit from low premium cost. He believes the premium costs that many insurance companies charge today are unacceptably high and too costly to afford for low-income family. From his plan, a typical family would save up to $2500 dollars a year.

Mr. Obama on his speech acknowledges that other leaders have proposed similar health care plan but such proposal never became alive in the end. He admits that his health care plan costs about $50 billions $65 billions a year once it goes into a full phase. He believes that he has some specific plans to make this successful. One of the proposals includes a new requirement that employers either provide a health care insurance to their employees or pay the government based on employees’ pay rolls. According to him, small employers (about 15 employees) will exempt from this requirement. He plans to increase the government fund by imposing relatively higher tax for those who make $250,000 or more. He also plans to do a serious auditing of all the insurance companies if they are over charging to the public.

I read “Obama Offers Health Care Plan” in the New York Times from May 29, 2007. I think it is very important to know how presidential candidates are leading with different proposals to win voter’s trust. I suggest everyone to read this article because it is based on current problems faced by 45 millions uninsured Americans. Let’s see how the thing turns around in the future. Please click the link below to follow the source.
http://www.nytimes.com/2007/05/29/us/politics/29CND-OBAMA.html?_r=1&em&ex=1180584000&en=5cfaca388aac563d&ei=5087%0A&oref=slogin

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