Posted on 05/20/2010 5:50:26 PM PDT by GOP_Lady
Companies are discovering that it's cheaper to pay fines to the government than to cover workers.
Millions of American workers could discover that they no longer have employer-provided health insurance as ObamaCare is phased in. That's because employers are quickly discovering that it may be cheaper to pay fines to the government than to insure workers.
AT&T, Caterpillar, John Deere and Verizon have all made internal calculations, according the House Energy and Commerce Committee, to determine how much could be saved by a) dropping their employer-provided insurance, b) paying a fine of $2,000 per employee, and c) leaving their employees with the option of buying highly-subsidized insurance in the newly created health-insurance exchange.
(Excerpt) Read more at online.wsj.com ...
Kinda sucks when many of us Republicans want to “send a message” and vote Third Party...thereby allowing the Democrat to win. Oh well, there’s always the clinics.
In the long run, this aspect of the abominable health care reform will be a good thing. The idea of tying medical insurance to employment was a big-government scam in the first place. It ended up making it virtually impossible for anyone to get reasonably priced insurance independently, and left most people who did get insurance through an employer stuck with whatever plan the employer chose to offer.
What is free? The paper paper?
Goal of this administration is working perfectly...more reliance upon the government.
What if the Indian reservations were to start independent health care facilities? Kinda like casinos.
May I suggest taking the time to watch the move Metropolis, possibly the remake from the 80’s. You will see how well everything works when Big Daddy runs your lives.
This experiment is all but over.
The Prick in the White Crib is in charge.
And it was going to be very very hard for the GOP to kill employer health insurance, with the Media going against us.
Instead, we have the Dems taking the flak for this, and the GOP can then build a better system. If things go well, of course.
Employer sponsored insurance was just a metastable state.
Company pays $2,000 for nothing. Employee pays whatever it costs for health care. The sum will be greater than being paid today by company and employee; now there’s progress.
Breaking the employer/insurance link be the only good thing assuming this society and economy survives.
What is not being calculated is the cost of what the average salary will climb to. Look at European countries as an example. The $2000 will be to the govt, and there will be a X% added, or demanded by workers to offset the need to pay for the govt. HC. This will decrease profits and in turn hurt business. When all of the dust settles, you will find that a lot of the large employers, will continue to supply the private health insurance.
It's guys like you, with ideas like that, that make billions of dollars.
Very interesting. Perhaps you should look into it.
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