[NPInfo] McCain the Health radical?

[Joanne DaCunha]

I'm not completely versed on this issue but when I read your concern I
thought...wait. someone has to pay for it somewhere along the line. So,
if it is not included in product costs (because companies pass the cost
on to consumers) it's included in higher taxes. Using your example,
then, the $80,000 in your profits that are lost are spread among people
not in your business or using your product. Is my logic off here? 

-----Original Message-----
From: npinfo-bounces at nurse.net [mailto:npinfo-bounces at nurse.net] On
Behalf Of David Mittman
Sent: Friday, August 01, 2008 4:00 PM
To: NP Info
Subject: Re: [NPInfo] McCain the Health radical?

Stephanie: Totally agree.
As a former employer, there were some advantages but IN NO WAY did they
make up for giving healthcare to our employees. It cost us over $100,000
a year but we believed that we owed it to people. As the price has gone
up, less and less employers believe they owe it to their people. We
covered the entire family also, but that was 5-6 years ago. As it costs
more and people have less of an expectation, less will give coverage.
I have said this before but if I open an IT company in NY State and have
4 people working for me, I need $80,000 OF MY PROFIT to cover them. If I
start the same business in Canada, I need $0.00 profit to cover my
employees.
Knowing enough about business, which business do you think will succeed
over the first crucial few years? Multiply that by a million businesses
and you will see how handicapped we are in the USA.
Dave
On Aug 1, 2008, at 2:38 PM, Stephanie Walker wrote:

> I'm no financial whiz, but doesn't this mean you'll still pay $18,000 
> for lousy health care, just pay $2500 less to the IRS so your net 
> health insurance premiums would then only total $13,500 for lousy 
> health care? That looks like the wimpiest of incremental reforms I can

> imagine. Why doesn't any of these politicians take on the big private 
> insurance companies? (Actually, we know why not-- lobbyists and 
> campaign funding.)
>
>
> Again, I'm showing my ignorance, but I'm thinking there is a built- in

> incentive in the present pre-tax dollar system, for employers to fund 
> their employees' health care premiums, but I can't remember how that 
> works. If that's true, if it's legislated out of existence, and 
> employers have no incentive to offer health care benefits, wouldn't 
> that just make the situation even worse? THose insured now thru their 
> jobs could lose their benefits.
>
> Stephanie Walker, FNP
>
> On Jul 31, 2008, at 10:44 PM, David Mittman wrote:
>
>> I pay close to $18,000 a year in after tax dollars for the worst 
>> health care coverage I have ever had.
>>
>> July 30, 2008, 9:06 am
>> Why McCain Is the Radical on Health
>> Posted by Jacob Goldstein
>> John McCain "is proposing the most fundamental health-care reform"  
>> of the presidential campaign, a McCain adviser argues in an op-ed in 
>> this morning's WSJ.
>>
>> This struck us as a rather surprising argument, given that Barack 
>> Obama's proposal includes mandating insurance for all children and 
>> creating a national public insurance program to cover those who don't

>> have access to insurance through their employers.
>>
>> The op-ed, John C. Goodman of the National Center for Policy 
>> Analysis, focuses on McCain's proposed changes to the tax code, which

>> constitute the main thrust of his health plan.
>>
>> Goodman writes that the current system is "extremely arbitrary,"  
>> because it allows employers to pay for health insurance with pre- tax

>> dollars, but doesn't extend that break to the growing number of 
>> people whose employers don't provide insurance.
>>
>> McCain's plan would get rid of the tax break for employer-sponsored 
>> insurance, and replace it with a fixed insurance tax credit - $2,500 
>> for individuals, $5,000 for families - that people could use whether 
>> or not they get their insurance through work.
>>
>> This would create a "fairer, more efficient system with a much better

>> chance of insuring the uninsured and controlling health costs at the 
>> same time," Goodman argues.
>>
>>
>>
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