It sounds remarkably similar to the Bush health plan.
Americans without employer-based insurance, or those who would rather have individual coverage, should enjoy the same tax benefits as the 175 million Americans with employer-based coverage. We can do this through a new tax-free income exclusion up to $15,000 for Americans without employer-based coverage. Any amount a family pays less than $15,000 -- for individuals, less than $7,500 -- could be put tax-free into a Health Savings Account. This would create a powerful incentive for more Americans to own their private health insurance -- making it portable instead of dependent on an employer.
In case you forgot the Bush plan and the generally favorable reaction it got from serious commentators, click here