I do not see how Bush's 2007 health insurance plan, unveiled in the 2007 State of the Union Address would provide more universal coverage than ObamaCare since there is no mandate. Bush's plan was to shield $15,000 of income from any payroll or income taxes for families, $7,500 for single people. That's it. No mandate, no insurance exchanges, no preexisting clause, no removal of lifetime caps, etc. etc. This is "superior" to ObamaCare in getting uninsured people to become insured?
Yeah. Why? Because it encourages and protects health savings accounts, which is the best form of protection a family can have, especially in light of the high deductibles we're seeing as a result of the misbegotten ACA.
Under the Bush plan if you are married with two kids you would pocket $1,147.50 from FICA and Medicare tax savings plus whatever you would save on reducing your taxable income by $15,000, which I'm going to guess would be around $2,000. So a family of four would save about $3,200 on taxes under the Bush plan. Tell me, how are you going to provide health care insurance for your family on $3,200 a year?
Well, for one thing, $3,200 a year in tax savings is nothing to sneeze at. Tell me you wouldn't take it if it was offered to you. Also, you don't accurately represent the Bush health care plan. President George W. Bush laid out a plan that would have made healthcare more affordable, given everyone who buys insurance the same tax break and incentivized you to be more cost-conscious in how you spend your healthcare dollars, all without increasing federal spending.
Specifically, Bush proposed changing how spending on health insurance is taxed, and reallocating federal funds to help those states with affordable insurance subsidize low-income and hard-to-insure people.
"When it comes to healthcare, government has an obligation to care for the elderly, the disabled, and poor children," the president said. "We will meet those responsibilities. For all other Americans, private health insurance is the best way to meet their needs. But many Americans cannot afford a health insurance policy."
Even those critical of the proposal's details gave the president credit for taking on inequities in the healthcare system. Robert Greenstein, executive director of the liberal leaning Center for Budget and Policy Priorities, said the President showed leadership by placing the tax treatment of employer-based coverage on the table as part of health care reform.
So yes, the Bush plan was far superior to the ACA and yes, it was more universal that the ACA. And let me repeat -- all without raising taxes or increasing federal spending. So, of course, the socialists wouldn't go along with it. Neither of those things are on their agenda.