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Clinton proposes healthcare spending cap


Published: March 28, 2008 at 9:11 AM
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NEW YORK, March 28 (UPI) -- Democratic presidential candidate Sen. Hillary Clinton says she favors a universal healthcare plan that limits what Americans pay to 10 percent of their income.

In going over a proposed spending cap for insurance policies in an interview with The New York Times, Clinton, D-N.Y., also said it "might be appropriate" to require insurers spend a major part of every premium dollar on healthcare.

And if funding is a problem, she said she wouldn't object to raising the excise tax on tobacco products.

The 10 percent cap would reportedly be a significant reduction for some families. She called the plan a moral imperative and the best chance to cut costs and improve quality.

Clinton said she thought "the time is right" for a bipartisan consensus to reorganize the health system. That view is not shared by Sen. John McCain, R-Ariz., the presumed Republican nominee for president, the Times said.

Sen. Barack Obama, D-Ill., Clinton's opponent for the Democratic nomination, favors universal healthcare for children.



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Democratic presidential candidate Sen. Hillary Clinton (D-NY) is introduced by her daughter, Chelsea, at a fundraiser for her campaign at the DAR Constitution Hall in Washington on March 26, 2008. (UPI Photo/Alexis C. Glenn)
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