Biden unveils health care plan

Democratic presidential candidate Joe Biden on Tuesday released a plan that would expand access to health coverage for all children and adults, but stops short of mandating universal coverage. . . .
The plan would cost an estimated $110 billion each year. It would be paid for by rolling back tax cuts for the top 1 percent of Americans, eliminating tax breaks on capital gains and ending tax loopholes for hedge fund managers and private equity partners, the campaign said.
To provide health coverage for uninsured children, Biden proposes expanding the State Children's Health Insurance Program, or SCHIP, to at least 300 percent of the poverty level — or about $61,950 for a family of four, and raising the coverage age to at least 21. Families that don't meet the poverty criteria would be able to purchase coverage under the program.