Policy & Law

Where Does Health Care Fit in Herman Cain’s 9-9-9 Plan?

1 Mins read

Now that Herman Cain sits atop at least some GOP presidential polls, I decided to have a quick peek to see what he has to say about health care and how it fits into his catchy sounding 9-9-9 plan. I may well be missing something but at first glance I don’t see how his policies mesh.

Cain has some sharp words for President Obama and the “liberals in Congress” who have introduced what he calls health “deform.” He says:

Now that Herman Cain sits atop at least some GOP presidential polls, I decided to have a quick peek to see what he has to say about health care and how it fits into his catchy sounding 9-9-9 plan. I may well be missing something but at first glance I don’t see how his policies mesh.

Cain has some sharp words for President Obama and the “liberals in Congress” who have introduced what he calls health “deform.” He says:

Let’s level the playing field under the current tax code and allow the deductibility of health insurance premiums regardless of whether they are purchased by the employer or the employee.

But the 9-9-9 plan calls for a flat tax of 9% on businesses and individuals, plus a 9% national sales tax. For individuals, the plan is based on:

  • Gross income less charitable deductions.
  • Empowerment Zones will offer additional deductions for those living and/or working in the zone.

Unless health insurance premiums are classified as charitable deductions, I don’t see how Cain’s plan would allow them to be deducted. Also, the cost of health insurance for a family is about $15,000 on average, which is a lot more than 9 percent of median household income of about $50,000. If insurance is fully deductible that will wipe out the tax for many.

Maybe Cain is suggesting allowing deductibility of health insurance as an interim step until 9-9-9 is in place. But since he proposes that the Super Committee –which is meeting now– push for 9-9-9, I don’t think that’s likely.

Meanwhile Huffington Post speculates that 9-9-9 came from SimCity. I have a hard time taking this guy seriously.


Related posts
Medical EducationPolicy & Law

6 Medical Field Degrees You Can Get Online

2 Mins read
The internet is a growing utility that more and more people are taking advantage of. From business to education, the internet has…
Policy & LawTechnology

The Rising Importance of Data Governance and Archiving in Healthcare

3 Mins read
One of the biggest challenges for healthcare organizations, especially as they become more digital, is managing sensitive patient information. With stricter regulations…
Policy & Law

Understanding Medical Malpractice and Negligence

4 Mins read
Medical malpractice and negligence are complex areas of the law, and they’re things that medical professionals and patients alike need to have…