Unveiling of Health Care Plan
On September 17, 2007, Clinton revealed her new American Health Choices Plan, an "individual mandate" universal health care plan that would require health care coverage for all individuals. Clinton explained individuals can keep their current employer-based coverage, or choose an expanded version of Medicare or federal employee health plans. The projected cost of the plan is $110 billion annually and will require all employers to cover their employees' health insurance or contribute to the costs of their employees' health insurance coverage; tax credits will be provided to companies with fewer than 25 employees to help cover costs. She proposed to pay for the plan by cutting government medical costs and by not extending the Bush tax cuts to those making over $250,000 a year.
Clinton emphasized that this was not a reprise of the failed 1993 Clinton health care plan, saying it reflected her experiences and now involved no new government bureaucracy, but Republican opponents disagreed and immediately dubbed it "Hillarycare 2.0". However, many of the health care industry groups that had opposed and funded attacks upon the 1993 plan, were now contributors to Clinton campaigns. Meanwhile, Elizabeth Edwards, wife of fellow Democratic candidate John Edwards, said it was too imitative of Edwards' plan, which had come out seven months earlier.
Read more about this topic: Clinton Hostage Situation
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