John DeStefano Jr., New Haven mayor and Democratic candidate for governor of Connecticut, has announced a $343 million plan that would provide incentives for businesses and individuals in the state to purchase health insurance and stay healthy, according to the Journal Inquirer. For companies that devote a minimum of 5% of payroll to purchase health insurance for employees, DeStefano proposes to reduce their corporate tax rate from 7.5% to 3.5%. Individuals and small businesses would be offered affordable insurance through large insurance purchasing pools, according to DeStefano’s plan, and individuals and companies whose employees adhere to prevention guidelines would get a break on insurance premiums. DeStefano says funding for his healthcare reform would come from closing loopholes in the corporate tax system.
