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President George Bush


This page was last updated on April 16, 2007. For the most up-to-date information regarding President Bush's policy proposals, visit http://www.whitehouse.gov/infocus/healthcare/.

President Bush's Healthcare Reform Proposal

The following summary was derived from information released by the office of President George Bush:

The plan provides a new standard deduction for health insurance. The deduction would:

  1. Be $15,000 for a family and $7,500 for an individual
  2. Apply to both income and payroll taxes
  3. Be available to anyone who had private health insurance of any value
  • The only requirement is that the health insurance policy must cover at least catastrophic costs
  • Health insurance provided by an employer would be considered taxable income
  • To qualify for the standard deduction for health insurance (SDHI), the coverage must meet minimum coverage requirements, including:
  1. A limit on out-of-pocket exposure for covered expenses that is not higher than that currently allowable for HSA (e.g. for 2007, those limits would be $5,500 for single coverage and $11,000 for family coverage)
  2. A reasonable annual and/or lifetime benefit maximum 
  3. Coverage for inpatient and outpatient care, emergency benefits, and physician care 
  4. Guaranteed renewability by the provider
Source: State of the Union: Affordable and Accessible Health Care (1/31/07)