Healthcare Reform is currently in the news almost every day. The current approach proposes a government sponsored health insurance “market” to help control costs and make healthcare more available and affordable to more Americans. Typically, this involves providing some government funding to provide coverage for low-income citizens.
Under a previous administration, it was suggested that the business expense for employee health insurance be eliminated, and replaced with a tax credit for all citizens. This approach would involve eliminating state regulations that prohibit health insurers from competing across state lines.
Given your understanding of the market system, and individual citizen’s understanding about healthcare and health insurance, which approach do you favor, and why? Make sure to cite any outside resources you use to support your choice.