Private Industry considered dropping heathcare benefit

#4
#4
(If) this happens.

Work stoppages and strikes on a scale that is had to imagine in this country.
 
#5
#5
(If) this happens.

Work stoppages and strikes on a scale that is had to imagine in this country.
People aren't stopping in droves because companies make a good financial decision. The gov't standing up a plan that allows massive offloading is its problem.

All companies will make a financial decision here. My partners and I have had this discussion a lot. The fee for non-provision will most certainly be cheaper than the employer portion of HC costs, so companies are going to opt for the penalty and tell people to do their own thing since they now have guaranteed insurability, which was the strength of the group plans.

How does it hurt the employee? He now gets a choice in providers and can tailor a plan exactly to his liking. What's not to love?
 
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#8
#8
Better yet, the gubment should take over Walmart and provide a living wage to all!

On top of this they should also have flex scheduling so no one will be able to get fired!
 
#9
#9
Don't these companies have a fiduciary duty to share holders to examine these options?

In other news - who didn't see this coming?
 
#10
#10
The thing I find humorous is that once the Congreesional staff saw which way the wind was blowing, they lost all interest in a public congressional hearing......

I think the Feds have been giving the Corps an easy way out for years on benefits...this may be the first time it's tied to the Feds having to pick up the slack.
 
#12
#12
Why should we have employer-based health care insurance anyway? It distorts the market.

Either individual coverage or a single-payer plan would be more efficient.
 
#13
#13
Why should we have employer-based health care insurance anyway? It distorts the market.

Either individual coverage or a single-payer plan would be more efficient.

so we turn to a huge gov't subsidized situation to make the market more efficient? That's ingenious.
 
#17
#17
Their budget includes sending a letter to the U.S. that says "Help".

i was thinking about this. what happens if greece goes and with the contagon spain, portugal, and italy follow? who will have to step in? the germans only have so much money. the only answer is the US. so we'd literally have to bail out all of these socialist countries in an age where our gov't is trying to take us closer to europe politically.
 
#18
#18
i was thinking about this. what happens if greece goes and with the contagon spain, portugal, and italy follow? who will have to step in? the germans only have so much money. the only answer is the US. so we'd literally have to bail out all of these socialist countries in an age where our gov't is trying to take us closer to europe politically.

ironic, huh?
 
#19
#19
i was thinking about this. what happens if greece goes and with the contagon spain, portugal, and italy follow? who will have to step in? the germans only have so much money. the only answer is the US. so we'd literally have to bail out all of these socialist countries in an age where our gov't is trying to take us closer to europe politically.

It is rather funny.
 
#20
#20
i was thinking about this. what happens if greece goes and with the contagon spain, portugal, and italy follow? who will have to step in? the germans only have so much money. the only answer is the US. so we'd literally have to bail out all of these socialist countries in an age where our gov't is trying to take us closer to europe politically.

Well, considering the US funds 40% of the IMF, we're already looking to come to the aid of Greece to the tune of roughy $16.5 billion. May as well go ahead and bail the rest out while we can...
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