Department of Hmm…

But winners [from the Bush health care plan] could turn into losers with time.  Even people with policies under the cap could eventually hit the ceiling as health costs rise.  That’s because the cap would be indexed to general inflation  — not health care inflation, which has risen more rapidly in recent years.

That is from today’s Wall Street Journal, p.D3, "How Health Care Proposals Could Affect the Insured."  Here are some numbers on how much the two inflation rates differ; so is the Bush plan simply an eventual phase-out of this tax deduction?


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