Tuesday, October 2, 2012

Clues To Mitt Romney's Health Care Changes

Clues To Mitt Romney's Health Care Changes, Typical plans offer lower premiums but would require much higher out-of-pocket expenses. Analysis: Romney would send consumers healthcare bill, with benefits, Republican presidential nominee Mitt Romney has a prescription for controlling soaring costs within the $2.8 trillion U.S. healthcare system, partly by making consumers pay more of their own medical bills.

Romney's vow to repeal and replace President Barack Obama's healthcare overhaul has played prominently in the campaign, even as Romney has offered few details about his alternative.

But as he prepares to face Obama in their first presidential debate on Wednesday, Romney is giving a few hints. The former Massachusetts governor's advisers say he would accelerate the use of high-deductible insurance plans that offer lower premiums but require beneficiaries to pay thousands of dollars more in out-of-pocket expenses than they would face under conventional coverage.

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