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Governor Bill Richardson (D-NM)

This page was last updated on April 17, 2007. For the most up-to-date information regarding Governor Bill Richardson's healthcare reform proposal, visit www.richardsonforpresident.com.

The following summary was derived from information released by the office of Governor Bill Richardson:

Governor Bill Richardson's proposal is based on the following three components:

1. Open up existing sources of affordable, portable coverage to more Americans:

  • All Americans and businesses would be able to purchase coverage through the Federal Employee Health Benefit Plan
  • Americans 55 and older would be able to purchase coverage through Medicare.
  • Seniors and persons with disabilities would receive all of their care through Medicare.
  • Lower-income Americans would be able to purchase coverage through Medicaid and State Child Health Insurance programs.
  • Veterans will get access to the high-quality care they deserve, when they need it, without bureaucratic hassles.
2. Help families pay for coverage:

  • An advance refundable tax credit based on income will help families obtain coverage through the FEHBP or Medicare.
  • All employers will be required to do their fair share to contribute to a healthy and covered work force.
  • All Americans will be required to obtain coverage once these reforms are in place.
3. Provide relief from high health costs by:

  • Passing a Medical Borrower's Fairness Act to provide immediate relief to families forced to borrow to pay for medical expenses.
  • Streamlining health care administration through common forms, common reporting requirements, and widespread use of health IT.
  • Investing in prevention by addressing the root causes of chronic diseases.
  • Improving quality of care through payment systems that reward performance. 
Source: http://www.richardsonforpresident.com/issues/HCplan_exec_summary