On average, individuals covered by the 10Plan would spend less on health care and have lower out-of-pocket costs compared with the status quo. (Photo: Shutterstock)
Entrepreneur Mark Cuban, owner of the Dallas Mavericks basketball team, has introduced a creative plan to expand health coverage.
The proposal is called the 10Plan, because most participants would not spend more than 10% of their family's income on repayment premiums in a given year. It would finance health care for the 28 million individuals who are uninsured and the nearly 20 million who purchase private coverage in the nongroup market.
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