Big announcement. A lot of pages. Not much substance. Just another day in the life of health care reform. There are highlights but not much else. A senior aide says details will be worked out through committee litigation next year (no mention of what happens if Democrats take either the House or the Senate)
No more mandates for individuals and insurance companies
Medicare would be overhauled to a pure premium support system (costs go way up)
Medicaid would be altered with individual state choice on what they may elect
Obamacare will be repealed in its entirety
People who do not receive health insurance through their employer, Medicare or
Medicaid will receive an advanceable, refundable flat tax credit
High risk pools will be implemented ($25 billion paid over 10 years)
There will be a cap on non taxable health benefits (and thus replace Cadillac tax)
