Wednesday, May 13, 2009

Mass. Health Model Inspires Key Senator

“A key Senate leader appears to be leaning toward proposing a new tax on employer-provided insurance benefits and creating a new federal agency modeled on one in Massachusetts to make it easier for individuals and small groups to buy insurance. Yesterday, the committee debated how to pay for subsidizing insurance for the uninsured, which could cost as much as $1.4 trillion over 10 years. The panel's chairman, Senator Max Baucus of Montana, a Democrat, pointed to the tax exclusion, a rich source of cash. Senators will also consider other options, including ‘sin’ taxes on soda and alcohol and limiting tax breaks for other health benefits, such as tax-preferred health accounts."

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