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Big Firms Overhaul Health Coverage [Giving money to employees to buy own coverage]
Wall Street Journal ^ | 26 September 2012 | Anna Wilde Mathews

Posted on 09/28/2012 8:24:43 AM PDT by Lorianne

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To: ex-snook

Nothing has changed.

An employee earns the employer a multiple of their salary + benefits or they are gone ... or the business goes bankrupt and all the employees are gone.

Always been that way.


41 posted on 09/28/2012 1:40:28 PM PDT by Lorianne (fedgov, taxporkmoney)
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To: catman67
Of course that extra income will be taxable.

Actually, McCain proposed this as a reform and it was going to be a tax credit for the employee.

42 posted on 09/28/2012 1:51:59 PM PDT by what's up
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To: Lorianne

Good! A reason for American employees to start caring about healthcare inflation. Something similar would happen if the guv just gave some lump sum toward Jr’s higher education, rather than play the game of loans for it.


43 posted on 09/28/2012 2:09:07 PM PDT by 9YearLurker
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To: 9YearLurker

Exactly.

AND everyone should pay their own damn taxes instead of the employer taking it out of their paycheck for them. If they had to write the IRS a check every month or quarter they would really feel it.


44 posted on 09/28/2012 2:37:31 PM PDT by Lorianne (fedgov, taxporkmoney)
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To: Lorianne

true, that.


45 posted on 09/28/2012 2:53:20 PM PDT by TurboZamboni (Looting the future to bribe the present)
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To: Lorianne
This might turn out to be the for the best. People will have to shop around for insurance (and care).

No, this is a way for companies to prepare to dump peoples' health insurance coverage starting in 2014.

The trouble is, as long as people are more concerned with premiums and the size of co-payments rather than the actual costs to deliver the healthcare, the problem will always exist. When providers have to concern themselves with meeting the paperwork requirements of bureaucrats to get paid their pittance (be they insurance bureaucrats or government bureaucrats), rather than figuring out more efficient ways of meeting demand, there will not be innovation to make healthcare more affordable. Rather, there will be ways to figure out how to game the system more effectively...on both ends.

The only way out of this is:

Otherwise, you're just dealing with fascism vs socialism...the same bird, just from different angles.

46 posted on 09/29/2012 7:56:25 AM PDT by markomalley (Nothing emboldens the wicked so greatly as the lack of courage on the part of the good -- Leo XIII)
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