Yes, I know what you’re referring to, but that actually isn’t a big saver (most insurance companies are already pretty big at the state level) and it ignores the fundamental drivers destroying the market.
Making plans “tax deductible” does three bad things—it simply shifts the costs onto others, it provides an incentive for every last thing (as opposed to just catastrophic care) to be covered in a third-party system, and it encourages higher costs and overuse.
Making healthcare insurance costs “deductible” for corporations, but not for individuals, is a ancient distortion, that IIRC dates back to WWII.
True, that distortion could be corrected by repealing that tax deductibility.
Or it could be corrected by providing tax credits to individuals to “balance” the existing corporate subsidy.
Which of those two options has the better chance of being passed now, in your opinion?
Making healthcare insurance costs “deductible” for corporations, but not for individuals, is a ancient distortion, that IIRC dates back to WWII.
True, that distortion could be corrected by repealing that tax deductibility.
Or it could be corrected by providing tax credits to individuals to “balance” the existing corporate subsidy.
Which of those two options has the better chance of being passed now, in your opinion?