chikenwing
Guest
- Feb 18, 2010
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Part of the health care bill calls for a tax on so-called Cadillac health care plans. Just like tobacco, alcohol and water, this will price some people out of the market. Instead, they will settle for a sub-prime health care plan. The government wont get its anticipated revenue stream, and some person will end up not getting the type of medical care they really wanted to and was willing to pay for.
The "anticipated revenue stream" here is folks with employer-sponsored coverage substituting taxable wages for (arguably) overinsurance. Eliminate the tax benefits of piling up ever more expensive high actuarial value plans, and a great many folks with those plans will just prefer cash and more reasonably priced plans.
A higher tax revenue, slower health expenditure growth double whammy.
The tax increase for sure,but it won't slow growth,so lets tell people how they can be compensated,and wring them for all the tax we can??
Why would anyone think higher taxes are good,the Feds and most state and local gov.have shown complete ineptitude at finances,we would be STUPID to give them any more then what they get right now,and most likly the only way to really solve the problem is starve the beast .