Last week, former Florida Gov. Jeb Bush put forward a healthcare proposal as part of his campaign for the Republican presidential nomination. The plan, which has many moving parts, is intended as a replacement for the Affordable Care Act. If you don't anticipate getting sick, you might like it.
Instead of healthcare exchanges and mandated insurance, Bush's plan would provide tax credits for buying catastrophic coverage. This means the government would pick up a substantial share of the cost of a plan that has a large deductible, with the insurance only kicking in after a person had paid close to $7,000 out of his or her own pocket, or $13,000 for a couple.