Ryan Proposes ‘Comprehensive ‘ Plan To Replace Health Law
His approach, which he describes as "comprehensive," would take away incentives for people to seek employer-provided coverage to create a more market-driven system. This plan is an updated approach to the budget blueprint he offered earlier this year that would have revamped Medicare and Medicaid.
Politico: Paul Ryan Delivers Health Care Reform Replacement
House Budget Committee Chairman Paul Ryan says it's time for Republicans to rally around a comprehensive "replacement" to President Barack Obama's signature health care reform legislation — with the government giving a limited contribution to help Americans get health coverage (Haberkorn, 9/27).
Reuters: Ryan Targets U.S. Employee Health Care Tax Breaks
Republican Representative Paul Ryan, an outspoken opponent of President Barack Obama's health care reform, proposed a plan on Tuesday that could effectively dismantle the way most Americans get health insurance by reducing incentives to join employer-sponsored plans. In a speech at Stanford University in California, Ryan said the government should replace the income tax exclusion for people who get employer-sponsored health care and replace it with a refundable tax credit that they could use to purchase coverage on their own. Some 170 million Americans are now covered through the workplace (Smith, 9/27).
CNN Money/Fortune: Exclusive Paul Ryan's New Manifesto On Health Care
Congressman Paul Ryan, Chairman of the House Budget Committee, introduced a radical, market-driven plan for health care reform in the "Path to Prosperity" budget that passed the House, then died in the Senate in May. Today, Ryan (R-Wisc.) is scheduled to present an updated and augmented version of that blueprint at Stanford's Hoover Institution. Fortune reviewed a copy of the speech a few hours before Ryan is scheduled to deliver it at 10 a.m. in Palo Alto, California. The talk, titled "The Optimist's Guide to Repeal and Replace," keeps the pillars of the original Ryan plan in place — such as giving seniors fixed monthly Medicare payments to purchase private insurance — but adds a revolutionary proposal that hasn't been aired seriously since it helped sink John McCain's presidential run in 2008. Ryan wants to dismantle the tax laws supporting the system that's insured most Americans for seven decades. It's vintage Ryan: Whether you agree or disagree with his views, he stands in sharp contrast with the rest of the political class in his willingness to take unpopular positions backed by strong intellectual arguments (Tully, 9/27).