Under the proposal:
- Giuliani is proposing a $15,000 family/$7,500 individual standard tax deduction for anyone who does not get their health insurance coverage through an employer--they purchase it individually.
- He would also provide additional subsidies to help low-income people buy health insurance.
- He provided no details as to the amount of the subsidies or the plan's overall costs but said he would provide more detail in the coming months.
While the Democratic candidates proposals focus on dealing with access first and cost later, Giuliani's focus is on bringing the cost of health insurance down with these market reforms and as costs come down more people would be insured, "You have to start bringing the price down before you can figure out how many people you can include. It has to be done incrementally. It can't be done with a magic wand all at once."
Read Giuliani's op-ed piece in the Boston Globe: "A Free Market Cure for the U.S. Health Care System"
A more comprehensive analysis of the Giuliani proposal in an earlier post: Giuliani Set to Announce a Health Care Proposal--But He Has to Make it Affordable for Everyone