Word: vouchers
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Dates: during 1990-1999
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DARMAN: The President's plan includes a number of important features. For every poor person, they would be given the equivalent of a voucher. We set it at about $1,850, which is sufficient to buy a satisfactory basic health- insurance plan in a market, something we favor. If for some reason they did not do so on their own, as soon as they come in contact with a hospital emergency room, they would be informed that they are eligible for the coverage...
Gaidar nonetheless is pressing ahead with his plan to put all small business and housing into private hands by 1994, and at least 60% of big business by 1995, initially through the voucher plan. Actually, some of Civic Union's supporters may not resist: they hope to buy up many of the vouchers and cement their control of businesses by becoming the official owners as well as the managers...
...even in middle Europe, a backlash is causing trouble. In Czechoslovakia, Prime Minister Vaclav Klaus is pursuing a rapid move to free markets -- he pioneered the voucher scheme for privatizing state industry that Russia now proposes to copy -- at the price of agreeing to a date of Jan. 1 for splitting the nation into separate Czech and Slovak republics. Slovak insistence on breaking up the union is fueled partly by ethnic animosity, often expressed as resentment of a "big brother" arrogance on the part of the Czechs. But it also reflects the Prague government's refusal to keep subsidizing such...
...Besides, 10,000 rubles is not a lot of money these days. "We cannot give more than we have," says Yeltsin. But any Russian who decides not to invest directly can sell the voucher for cash or exchange it for shares in one of the mutual funds that the government and private companies plan...
Under the Bush plan, families below the poverty line could receive either a voucher or a credit subtracted from their tax bill. Families with a total yearly income of less than $70,000 would be able to deduct up to $3750 of taxable income for health care or unreimbursed medical bills...