Those flat age-based tax credits to buy health insurance would be valuable only

2017-03-03 13

Those flat age-based tax credits to buy health insurance would be valuable only
to people who can afford to pay the rest of their health insurance bill.
During the campaign, Mr. Trump’s official health plan called for allowing people to use a tax deduction to buy health insurance.
Some Republicans, including House Speaker Paul Ryan
and the leaders of the House committees overseeing health care, want to fund health insurance with something called an advanceable, refundable tax credit.
Obamacare also uses advanceable, refundable tax credits to help people buy health insurance.
Mr. Trump did not go into detail on this subject, saying merely
that “we should help Americans purchase their own coverage, through the use of tax credits.” Yet those words were a signal to Republicans fighting over two options about how the government should pay for health insurance.
Mr. Trump didn’t say much about what kind of credits he’d like the government to offer for health insurance.

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