Second, help people buy coverage. Right now, those who get insurance through their employer get a lot of help from the tax code, while some people who buy insurance on their own, including potentially the millions of Americans the IRS put at risk, get no help at all. So we would offer those in the affected states a tax credit to buy insurance.
The credit would be “advanceable”—that is, you would get it when you needed it; you wouldn’t have to wait for tax season. It also would be “refundable”—that is, you would get the full amount no matter the size of your tax bill. And would adjust the size of the credit for age; the elderly, who face higher coverage costs, would get more support.
This is a common-sense path—but many members of Congress have proposed a lot of good ideas that deserve further consideration. For example, some have suggested giving states more flexibility to design their own solutions. Yet when House and Senate Republicans discuss this issue, we find that there is a great deal of consensus. We all want to take power away from Washington.
So here’s the bottom line: Under ObamaCare, government controls your choices. Under our proposal, you will.
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