Reply #16: It's relatively simple. [View All]

[Merlin]

The plan has 2 parts:
1) The government will "reinsure" (i.e. back up insurance companies) the most expensive medical treatments, removing them from the risk pool and lowering premiums on everybody,
2) The government will cover prescription drugs for seniors on Medicare.

Together they will cost $75 billion per year.

Kerry will roll back the tax cut on those making over $200,000, thus recovering $225 billion per year which will more than cover his health care plan.