I've heard John McCain talk about his proposed $5,000 tax credit not covering those with the "gold plated Cadillac health insurance." He mentioned it most recently during the third presidential debate. What exactly is this? My employer offers three types of insurance (the highest costing one allows me to pay less out of pocket and lowers my deductible and vice-versa). Is this the "gold plated" one, or what exactly is McCain talking about?
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A gold plated policy would have a higher premium, low deductible, low co-pays, little or no co-insurance, with few or no limitations on services such as mental health care. Don http://mtnhealthinsurane.com
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