On the surface, it sounds like a good idea.
Yes, it does.
If it came from even a vaguely credible source, I'd be glad to hear it. From Rudy, it's just more flip-flop pandering, meaningless words totally at odds with his entire career.
I’d rather they repealed the income tax. But if not, I don’t mind tax credits for health insurance per se. But this idea that health care costs would come down if “more people signed up” is not real. Most of the country already has health insurance. The savings from greater economies of scale would be negligible, if any, and we don’t know how much the remaining people would end up costing the insurers. And for the healthy uninsured, there is no assurance a tax credit would be enough incentive to sign up.
A couple of things are needed.
Protections must be in place to keep insurance companies from canceling people who develop high risks. As long as you remain employed you have some protection from this.
The difference between what is charged an individual buying the service for himself and what is charged to an insurance company needs to be lowered back down to a reasonable level.