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January 28, 2008 / Author: Tim Bain

Health Insurers Unveil a New Health Insurance Proposal

QuickQuote Term Life Insurance Blog

The Blue Cross and Blue Shield Association has created a proposal it believes will reduce the number of Americans with no health insurance. The association is comprised of 39 regional health insurance companies that combine to insure nearly 100 million Americans.

The plan would combine tax credits with new ideas for quality improvement as a way to help people purchase private health insurance. The association estimates the proposal would allow nearly 35 million uninsured Americans to obtain their own health insurance.

The tax credits would target low-income individuals, those without access to employer-sponsored health insurance and the unemployed. Ideas for health care quality improvement include the creation of a central institution to research the effectiveness of medical procedures and medications.

The cost of the proposed tax credits to U.S. taxpayers would be approximately $50 to $100 billion annually.

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Tim Bain

Tim is a licensed life insurance agent with 22 years of experience helping people protect their families and businesses with term life insurance. He writes and creates stuff for QuickQuote and other insurance and financial websites. You can find him on Twitter.

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Applications for life insurance on QuickQuote.com are made through QuickQuote Financial, Inc. or through its designated agent, Timothy S. Bain, only where licensed and appointed. License numbers are available here and are automatically provided where required by law. QuickQuote's National Producer Number is 1927227. Timothy S. Bain is a licensed life insurance agent in 49 states, including the District of Columbia, and his resident state of Nevada. Timothy S. Bain's Nevada license number is 45949; in California, 0D23811; in Louisiana, 274924; in Massachusetts, 1762164; in Minnesota, 20267005; in Texas, 1092088; and in Utah, 134031.
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