Wednesday, September 16, 2009

The Baucus Plan: A Quick Note, Good Job!

The new version of the Baucus Plan is an interesting read. We have reviewed it here in its earlier form and the latest version is not dramatically different. It is in many ways what we have been arguing for as well. Simply it is:

1. Universal
2. No Pre Existing Conditions
3. Incents a good life style
4. He uses 13% of gross income I use 10%
5. He does not state an express employee contribution but incents a minimum
6. He avoids a public plan
7. He moves the CCE to a private entity from the Government institution

All in all not a bad step forward

However he fails in the following:

1. No focus on obesity. He taxes smoking but obesity is greater and costs more
2. No tort reform

Other than that not a bad job. Congratulations Senator, it required courage to do this! It beats HR 3200 by several parsecs!

I will return to this after I get back from Washington.