Hillary care won't save them, and would likely make them less competitive in the long run.
Government health care isn't free. It is paid for by taxpayers. That means the middle and upper classes. That means their workers and their stockholders.
If we get socialized medicine, they will still end up paying for the health care of their workers as well as a share of the health care of lots of other people that don't work.
Government health care isn't free. It is paid for by taxpayers. That means the middle and upper classes. That means their workers and their stockholders.
If we get socialized medicine, they will still end up paying for the health care of their workers as well as a share of the health care of lots of other people that don't work.
I see it as a way to take the liabilities for worker and retiree health care away from the company and move it to the public sector.
Companies with a lot of older workers and retired workers are paying a lot more for health care for their current and retired workers than newer companies with younger work forces. In the case of the automotive companies, that is a lot of workers and a lot of money towards health care.
Yes - With government run and provided health care, everyone gets to pay (in higher taxes). Whether it's worth it or not probably depends how much higher taxes vs how much more profit you get to keep with less health care costs.
That said, I can see a lot of problems with government run health care. Not the least of which is how anything run by the government works. And of course having to cover a lot of people who don't make a lot of money or may even be here legally, but who are going to use a lot of health care resources.
I have been told the the company and the union are "very far apart", so that probably means big changes in the next contract...