Perry's Lottery Plan for Texas Health Insurance
According to the Houston Chronicle, Governor Rick Perry of Texas proposed to sell the state lottery to help provide health insurance to uninsured Texans.
Perry's wants to sell the Texas lottery for $14 billion. $2.7 billion would go towards universal health insurance coverage, and $3 billion to cancer fighting fund.
Texas has the highest number of uninsured in the country: 25% of Texans don't have medical insurance. That's about 5.6 million people, according to Austin Business Journal.
The Texas lottery made $3.77 billion in 2006; $1 billion of that went to education. Critics of Perry's plan question whether the lottery can even be sold for the hoped for $14 billion.
Other states have considered selling their lotteries, but no state has done so yet. Whether or not Perry's proposal gets passed, Texas is not alone in needing a plan to make health insurance more affordable, especially to low-income Americans.
Everyone wants to fix the problem, but how can we make sure that every household has affordable family health insurance? Many are against raising taxes, so is Perry's lottery plan right on the money?
Perry's wants to sell the Texas lottery for $14 billion. $2.7 billion would go towards universal health insurance coverage, and $3 billion to cancer fighting fund.
Texas has the highest number of uninsured in the country: 25% of Texans don't have medical insurance. That's about 5.6 million people, according to Austin Business Journal.
The Texas lottery made $3.77 billion in 2006; $1 billion of that went to education. Critics of Perry's plan question whether the lottery can even be sold for the hoped for $14 billion.
Other states have considered selling their lotteries, but no state has done so yet. Whether or not Perry's proposal gets passed, Texas is not alone in needing a plan to make health insurance more affordable, especially to low-income Americans.
Everyone wants to fix the problem, but how can we make sure that every household has affordable family health insurance? Many are against raising taxes, so is Perry's lottery plan right on the money?
