Posted on 07/13/2009 8:37:15 AM PDT by RightFighter
Then just game the system. Have all the seniors "go to work part time" doing "watching the grass grow" at a reputable "shell" company and dump medicare and pay the 750 per year (375 if you are part time) and get health ins. that way.
I should add that any intrusion in the free market becomes an exercise in “whack a mole”. The free market will game the system and win out in the end.
Government intrusions of this nature cause managers to make business decisions based on arbitrary rules or artificial criteria as oppsed to sound business practices.
Why grow a small business to the point you have to staff beyond the 24 employee limit when the increase of one employee could turn a profit into a loss?
Why not just start a second, ancillary business?
Why not just stay small?
Why not just buy foreign or create a foreign based manufacturing arm?
Why not just subcontract every possible activity?
There will be significant unintended consequences to this ill advised government takeover.
That employee, who today is quite content to pay his or her $100 or $150 portion of their health insurance premium through payroll deduction, will actually think they’ve gotten a pay INCREASE! Since the employer will pay the fine and drop the health benefit, instead letting mother government take care of the empployees’ needs, the employees will no longer have that payroll deduction. So, they might get a bit taken out to cover the $750 fine each check, but that will be more than made up for by $50-75 per check (much more if they are covering their family) that will no longer be deducted to pay health insurance premiums.
To the employee, it looks like Obama has saved him money each month.
Same here. Basically catastrophic. Some routine stuff is covered.
When doc gives me an RX (always a brand name), I ask if there is a generic version. Many times there is. They look stunned that I would even ask. Doesn’t your insurance cover it, they ask. I say no and even so, why should my insurance pay 3 or 4 times more for a brand name if a generic is just as good?
If more people did that and opted for generics, I’m sure drug costs would go way down. But for many insurance plans, no matter what the RX, you only have a few dollars, so there’s no incentive to seek a cheaper option. With our insurance, we only get a small discount - maybe 10-15%.
This idea actually sounds counter production to the Max Baucus idea of taxing health care benefits. If employers drop coverage, then workers won’t have any job related health care to be taxed.
That employee, who today is quite content to pay his or her $100 or $150 portion of their health insurance premium through payroll deduction, will actually think they’ve gotten a pay INCREASE!Yes you're right in that respect.
My scenario was based on my experiences where I always paid nothing, the employer paid the entire premium.
This was *typical* as we had non union personnel in the office; like Engineering, Estimating Dept(s), and Union personnel outside on construction sites who had a boat load on benefits (Chicago metro area). The paid Health Insurance for us was an 'equalizer' of sorts.
(I prolly should have clarified a bit more)
Not near that many.
****I should add that any intrusion in the free market becomes an exercise in “whack a mole”. The free market will game the system and win out in the end****
I disagree. Since the government has the force of guns and can change the terms of the contract at will, they will keep stacking the deck in there favor whenever they see fit.
This $750 a year will change only in an upward direction and the 25 employees will only go down.
This obvious lowballing of the cost is just to make all the companies that fall under the current guidelines have to do it to stay competitive, then once the trap is sprung the terms will shift in the governments favor after the private insurers have lost most all of their customers and stop providing health care plans altogether.
This entire exercise is for government to end up in complete control of the healthcare system...so they can royally screw it up.
****in there favor****
Oops...in their favor...
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