It mostly sounds good, but why wouldn't the insurance companies see the individual employed people as new marks just like they see the companies in your scenario? Why does health insurance have to be offered through employement, when everybody needs it whether they are employed or not?
Companies offered health care to workers becaucse it was a way to get around paying taxes. Some would say that using tax dollars to encourage people to buy health care is a good thing. Unfortunately, such thinking also justifies socialized health care.
If there was no tax advantage, there'd be less reason for employees to offer health care, and instead they'd pay more in salary, or offer other benefits that make more sense for an employer to offer.
BTW, I realise that most people get life insurance through a company plan, but again I think that's beause, up to a certain amount, the government allows it to be deducted from corporate taxes.
No you're not wrong at all!!!! My fault for not extending that thought process out far enough.
You could argue and leave it up to everyone individually to take a employees' plan or to get a plan on your own. I should know, being self-employed and all!!!
But you as a working taxpayer have that option no matter what.