It must drive libs crazt that they purchase their organic/ vegetarian food from this guy’s food chain **giggle**
This is something I could live with!!
It’s a good article, but neither particularly revolutionary nor specific to Whole Paycheck.
It’s more of a compendium of all the things rational people have been asking for for over a decade.
My own company has already instituted a high-deductible plan with HSA contributions.
HSA+catastrophic coverage plans (i.e. saving money + traditional insurance) is indeed a good model.
The only real improvement I’d suggest is to impose a premium structure which would enable the following: the money put into the HSA each year still rolls over year over year, but at year N, rolled-over money from year N-2 and earlier year can either
(1) 100% roll over as well; or
(2) 90% roll over, and 10% out as cash
Imbuing money in the HSA with a degree of liquidity would put an additional incentive to shop around for value - and thus put more downward pressure on health costs - without introducing arbitrary market distortions.
Terrific article! Thank you for posting this.
Great article. I’ve posted these same things multiple times here, as have others, and the GOP should be flooding the airwaves with this. I’ve shopped at Whole Foods for 15+ yrs and am glad to hear Mackey say these things. There is a reason that it consistently ranks as one of the top companies in the country to work for. They also have some of the best pizza in town.
I am a devoted fan of Whole Foods and after this, I will go there even more often. I just ignore the liberal magazines and focus on the awesome food.
Whole Foods rocks!!!!!
It’s either raised with chemical fertalizers and pesticides or I’m not eating it!
The only point I agree with the Dems on is this: ban a limit on pre-existing conditions.
It is just patently not right that somebody can’t be covered just because they had a kidney stone in the past or something (happened to my wife when we had to temporarily get individual coverage in between jobs).
Mr. Mackey’s recommendations make for a far better agenda than the Democrats’ absurd Obamacare.
I’ll start going there more often. The cats love Whole Food’s cat food!
But but! Government is at our door wanting to help us. What do we tell them?
Also, off-topic, but...did I ever mention that Indiana gals are pretty darn awesome? They have that cute, sweet, innocent, friendly, all-American girl ambiance...which is usually lacking in the folks I encounter in places like Philadelphia, Baltimore, and further north. [That's not to say that everyone from north of Washington is bad, as I've got wonderful friends in places like New Jersey (!!!), and I know some terrific folks from places like Long Island, New York (!!!) but they are usually the exception rather than the rule.]
The only other place that I have found such warmth and hospitality...is in upstate South Carolina.
Dear God, I love "flyover country"...but that's probably because I *don't* fly over Middle America and get in my car and drive instead.
Equalize the tax laws so that that employer-provided health insurance and individually owned health insurance have the same tax benefits. Now employer health insurance benefits are fully tax deductible, but individual health insurance is not.
Repeal all state laws which prevent insurance companies from competing across state lines. We should all have the legal right to purchase health insurance from any insurance company in any state and we should be able use that insurance wherever we live. Health insurance should be portable.
Repeal government mandates regarding what insurance companies must cover. These mandates have increased the cost of health insurance by billions of dollars. What is insured and what is not insured should be determined by individual customer preferences and not through special-interest lobbying.
Enact tort reform to end the ruinous lawsuits that force doctors to pay insurance costs of hundreds of thousands of dollars per year. These costs are passed back to us through much higher prices for health care.
Make costs transparent so that consumers understand what health-care treatments cost. How many people know the total cost of their last doctors visit and how that total breaks down? What other goods or services do we buy without knowing how much they will cost us?
Enact Medicare reform. We need to face up to the actuarial fact that Medicare is heading towards bankruptcy and enact reforms that create greater patient empowerment, choice and responsibility.
Finally, revise tax forms to make it easier for individuals to make a voluntary, tax-deductible donation to help the millions of people who have no insurance and arent covered by Medicare, Medicaid or the State Childrens Health Insurance Program.
In complete agreement. Hallelujiah and Amen!
“They are either going to result in unprecedented new taxes and inflation, or they will bankrupt us.”
More likely all of the above.