The part that excited me was this: “Allow individuals to fully deduct health insurance premium payments from their tax returns under the current tax system. Businesses are allowed to take these deductions so why wouldn’t Congress allow individuals the same exemptions?”
One problem with health insurance in the US is that it is tied to people’s jobs, and that goes back to businesses finding a way to work around WW II wage and price controls. They couldn’t offer employees more money, so they offered insurance, which businesses could also write off as a business expense. Giving people that same tax break may help to break that connection, so that eventually people are free to get health insurance the way they do car insurance — individually, and according to what they personally prefer.
Excellent summation!