Bringing the Market to Health Care

From The American Enterprise Institute

A more level tax playing field would encourage individuals to choose health plans with lower premiums and higher co-payments for their routine health-care purchases.

Presidential candidate Mitt Romney's recent health-care reform proposals, which rely on free-market principles and federalism, will go a long way to fixing our health-care system's woes.

The centerpiece of Mr. Romney's plan is to attack the tax code's discrimination against cost-effective private insurance. He proposes to allow individuals to deduct out-of-pocket health-care expenditures from their taxable income, allow individuals who purchase health insurance premiums on their own--rather than through their employer--to deduct health insurance premiums, and to expand Health Savings Accounts (HSAs) by eliminating the requirement that a qualifying health plan contain a high deductible.

Read the rest @ AEI