I'm not sure I understand all the details, hence, I'm asking here (god I hope that's not a mistake). But, McCain has suggested giving every family a $5,000 refund check for health care that they can use anywhere they want. I assume that's taxed, but not really sure and, more importantly for my question, not really sure it really matters.
According to the National Coalition on Health Care, "The annual premium for an employer health plan covering a family of four averaged nearly $12,100. The annual premium for single coverage averaged over $4,400." OK, so how does giving me $5,000 (or $2,500 for a single person) actually allow me and my family to be covered? What am I missing?