Obama Calls For Universal Health Care Coverage, Paid For By Government, Business, Consumers

Iowa City, Iowa (AP) -- Democratic Presidential hopeful Barack Obama is set to unveil a plan for universal health care coverage Tuesday in Iowa City.

In remarks obtained by the Associated Press, Obama says his plan will save the average consumer $2,500 and make health care available to all.

Under the plan, those who can't afford coverage will get a subsidy based on their income. And virtually all businesses would have to share the cost of coverage for their employees.

Obama also he says he'd spend more money to boost technology in medical care.

Obama acknowledges that the overall cost of the plan would be high. He's asking companies that don't "make a meaningful contribution to the health coverage of their workers to do so" to help cover the cost. He also says he would repeal President Bush's temporary tax cuts for the wealthiest taxpayers.

Copyright 2007 by the Associated Press. All rights reserved.

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