September 16, 2008

McCain and Obama Health-care Plans Analyzed

This morning the Wall Street Journal covers the recent analysis of the health-care proposals of the McCain and Obama campaigns. Health-care coverage is, of course, a huge issue for families where a child or spouse has bipolar disorder and all the associated high costs of in and out-patient treatment. Many people who have bipolar disorder have a difficult time maintaining consistent employment so may not have employer health insurance benefits on an ongoing basis. For this reason, we recommend you study the proposals of each of the candidates closely.

The WSJ notes:

"Republican presidential candidate John McCain's health-care plan would make only a small dent in the ranks of the uninsured, at best covering about five million more people, two new reports conclude.

Democratic nominee Barack Obama would cover more people -- eventually adding about 34 million, according to one of those reports, by the nonpartisan Tax Policy Center.

Sen. Obama's plan would be costly, the center concluded: $1.6 trillion over 10 years. Sen. McCain's would cost nearly as much: $1.3 trillion over the same span. The center doesn't give either campaign credit for initiatives to reduce the cost of health care."

Read the full story at the Wall Street Journal: Studies Detail Contrasts in Rivals' Health-Care Plans


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