Posted on 07/19/2010 10:39:52 AM PDT by Starman417
A physicist, a chemist and an economist are stranded on an island, with nothing to eat. A can of soup washes ashore. The physicist says, "Lets smash the can open with a rock." The chemist says, "Let’s build a fire and heat the can first." The health care policy analyst says, "Lets assume that we have a can-opener..."
April 9, 2010:
Why Most Firms Won’t Drop Employee Health Insurance
“I’ve been ‘unofficially’ told by the H.R. manager of my employer,” wrote RG from Los Angeles, “that it will be cheaper for them to take the penalty than to continue insuring us.” RG’s question — whether it was true that “many, many companies will start dumping health insurance benefits” — was one of several we fielded last week about how the new health care reform law would affect small businesses. And though this query came from an employee, not an owner, of a large company, not a small one, clearly many entrepreneurs are also worried that they’ll have to abandon group coverage.But as we’ve reported before (here and here), health policy analysts have told The Agenda that this massive dumping scenario is pretty unlikely. The fact is that most businesses that provide insurance for employees will continue to do so.
"The Edsel is here to stay."- Henry Ford II, December 7, 1957. May 7, 2010
Four companies mulled dropping health insurance plans
Four large companies have weighed dumping their employees' insurance plans and paying a penalty to the federal government under the new health care law, a move that would be a substantial blow to the Democrats' health care overhaul.AT&T, Verizon, Caterpillar and John Deere all prepared internal documents as the legislation was being considered that compared the costs of keeping coverage or paying the penalty, according to Fortune magazine.
I predict the following is a glimpse into the future.
Read more at floppingaces.net...
having a set cost as in a fine for not covering emplyees will be more beneficial to planning on business costs than the unknowing costs of providing health coverage...
it only means that the fed will raise the fines...
teeman
Here’s the fun part. As private health care collapses, there will be a period where there is no replacement national healthcare. We are headed for a train wreck.
Yep. I had a friend that always used the HOV lane even though he had no passengers. It is a “non-moving violation” and you don’t always get caught. He considered it a toll.
Then they changed the policy where the amount was higher for each subsequent violation.
When the fine is not punitive enough, the gov just ups the fine, unless the whole point is not to change your activity but just make money off you in fines.
Make sure I never hire a chemist dumb enough to want to heat up a sealed can of soup.
Disclaimer: Opinions posted on Free Republic are those of the individual posters and do not necessarily represent the opinion of Free Republic or its management. All materials posted herein are protected by copyright law and the exemption for fair use of copyrighted works.