Health Financing Options
Leonard Burman's testimony on Financing Healthcare Reform before Senate Finance Committee, May 12, 2009
Various Revenue Raising Options |
| 2009-2019 Impact on Revenue |
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| Replace Itemized Deductions with 15% Nonrefundable Credit |
| 2012 Versus Current Law | | 2012 Versus Administration Baseline |
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| Replace Itemized Deductions with 15% Refundable Credit |
| 2012 Versus Current Law | | 2012 versus Administration Baseline |
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| Increase Social Security Payroll Tax by 1% |
| 2012 Versus Current Law | | 2012 Versus Administration Baseline |
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| Eliminate the Social Security Payroll Earnings Cap |
| 2012 Versus Current Law | | 2012 Versus Administration Baseline |
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| Index Tax Parameters to 1% Less than CPI |
| 2012 Versus Current Law | | 2012 Versus Administration Baseline |
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Employer Sponsored Insurance (ESI) Exclusion Reforms |
| 2009-2019 Impact on Revenue |
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| Repeal ESI Exclusion |
| 2010 Versus Current Law | | 2019 Versus Current Law |
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| Unindexed Cap Based on Average Premiums |
| 2010 Versus Current Law | | 2019 Versus Current Law |
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| Cap Indexed by CPI Based on Average Premiums |
| 2010 Versus Current Law | | 2019 Versus Current Law |
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| Cap Indexed by Medical Expenses Based on Average Premiums |
| 2010 Versus Current Law | | 2019 Versus Current Law |
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| Unindexed Cap Based on 90th Percentile of Premiums |
| 2010 Versus Current Law | | 2019 Versus Current Law |
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| Cap Indexed by CPI Based on 90th Percentile of Premiums |
| 2010 Versus Current Law | | 2019 Versus Current Law |
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| Cap Indexed by Medical Expenses Based on 90th Percentile of Premiums |
| 2010 Versus Current Law | | 2019 Versus Current Law |
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Replace ESI Exclusion with Voucher Financed with a VAT |
| 2009-2019 Impact on Revenue and Required VAT Rates |
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| 2009 With No Cash Subsidy | | 2009 With $500 Per Person Cash Subsidy |
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