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Insurance > Health Insurance
Bush to propose easing Medicaid load with tax incentives to buy health coverage
LAURIE KELLMAN, Associated Press Writer. Associated Press
Copyright Associated Press
WASHINGTON (AP) _ Aiming to increase the number of people with health insurance, President Bush will propose a tax credit of up to $3,000, administration officials said Friday.
Those eligible for the credit would be younger than 65 and not enrolled in public or employer health plans. Individuals who make more than $30,000 and families that make more than $60,000 would see smaller credits, the officials said.
Details of the proposed tax break included in Bush's $2.5 trillion budget proposal he will send to Congress on Monday were provided early by Health and Human Services Department officials.
"This is not about saving money, it's about expanding coverage to more people," Health and Human Services Secretary Mike O. Leavitt told CNN on Friday. Agency officials repeated the phrase at least a dozen times during a press briefing earlier in the day.
The Treasury Department suggested the tax credit, which could help ease the Medicaid burden on states, said Bill Pierce, an HHS spokesman. Insurance bought with the tax credit could become attractive for some people if states tighten rules on Medicaid eligibility or cap benefits.
Mark McClellan, administrator of the Centers for Medicare and Medicaid Services, said Bush's budget will not propose capping per- person benefits, but he refused to rule it out if others _ Congress or governors, for example _ favor it.
Officials estimated the credit would cost the Treasury $74 billion in tax revenues over a decade.
Bush also will ask Congress for $2 billion to finish paying for health centers that will be serving up to 16 million people by next year. Nearly half of those served by such centers have no insurance, Pierce said.
On the Net: Department of Health and Human Resources: http://www.hhs.gov
Reproduced with permission of the copyright owner. Further reproduction or distribution is prohibited without permission.
People: Bush, George (President)
Dateline: WASHINGTON
Text Word Count 289
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• Insurance > Health Insurance Archive
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