In last week’s final debate, Sens. John McCain and Barack Obama cited greatly different estimates for the average cost of health insurance, and a number of readers have asked us to sort it out.
Obama: By the way, the average policy costs about $12,000. …
McCain: The average cost of a health care insurance plan in America today is $5,800.
Both candidates were talking about the relative value of the $5,000 tax credit McCain wants to give to families and couples (individuals would get up to $2,500) to purchase health care policies.