More on the Presidential Health Care Campaign 2008:When it comes to rising health insurance and health care costs, there's one group that's hit especially hard: small businesses. These days, if a small business can afford group health insurance for its employees, it's just short of a miracle.
So when a small business owner goes to the voting booth on November 4, who will he or she choose? Well, here's where your candidates stand on small business health insurance (so far). Arizona Senator John McCain, soon-to-be the official Republican nominee, wants to actually move away from the employer-based system - offering tax credits to individuals to purchase their own individual health insurance plan. Senator McCain's idea of helping small businesses is giving employees more options, such as purchase a health plan across state lines.
The democratic nominee, Illinois Senator Barack Obama, would like to see to it that all eployers are required to contribute something for their workers' health insurance. Obama would like all companies to 1) offer employees coverage or 2) help pay for their worker's individual plans. Small businesses would be exempt under Obama's plan. To Obama's demise, this is not so convincing to small business owners, as he hasn't yet specified who will qualify as a small business owner. A lobbyist for independent business has been quoted as saying, "We'd like to see more specificity on almost everything. A lack of specificity breeds worries."
The Wall Street Journal reports Obama's economic policy director, Jason Furman, as saying, "We would work with the Treasury to design the appropriate threshold for defining a small business." Obama has a few specific pertaining to small businesses- such as offering a 50% tax refund if they provide the health insurance coverage for their employees. As stated by Obama, "I'm announcing my plan to provide real relief for small business owners crushed by rising costs, an idea championed by my friend Hillary Clinton, who's been leading the way in our battle to insure every American."
We are still unsure of the Wall Street Journal's predictions that John McCain has the edge over Obama in regard to small business health insurance. - 15275
So when a small business owner goes to the voting booth on November 4, who will he or she choose? Well, here's where your candidates stand on small business health insurance (so far). Arizona Senator John McCain, soon-to-be the official Republican nominee, wants to actually move away from the employer-based system - offering tax credits to individuals to purchase their own individual health insurance plan. Senator McCain's idea of helping small businesses is giving employees more options, such as purchase a health plan across state lines.
The democratic nominee, Illinois Senator Barack Obama, would like to see to it that all eployers are required to contribute something for their workers' health insurance. Obama would like all companies to 1) offer employees coverage or 2) help pay for their worker's individual plans. Small businesses would be exempt under Obama's plan. To Obama's demise, this is not so convincing to small business owners, as he hasn't yet specified who will qualify as a small business owner. A lobbyist for independent business has been quoted as saying, "We'd like to see more specificity on almost everything. A lack of specificity breeds worries."
The Wall Street Journal reports Obama's economic policy director, Jason Furman, as saying, "We would work with the Treasury to design the appropriate threshold for defining a small business." Obama has a few specific pertaining to small businesses- such as offering a 50% tax refund if they provide the health insurance coverage for their employees. As stated by Obama, "I'm announcing my plan to provide real relief for small business owners crushed by rising costs, an idea championed by my friend Hillary Clinton, who's been leading the way in our battle to insure every American."
We are still unsure of the Wall Street Journal's predictions that John McCain has the edge over Obama in regard to small business health insurance. - 15275
About the Author:
If you are in the market for health insurance or Medicare, gohealthinsurance.com can provide health insurance quotesfor any business or individual.