Gee, ya think? Senators Worry That Health Overhaul Could Erode Employer Insurance Plans.
Hey, guys. That’s the whole idea.
And Blanche Lincoln doesn’t get it:
Senator Blanche Lincoln, Democrat of Arkansas, said preserving employer-sponsored insurance “needs to be a huge objective.”
No, senator. The “huge objective” should be to get people out of plans that are tied to their employers, and into their own private plans that are portable, by leveling the tax-deduction playing field.
The United States Chamber of Commerce and the National Federation of Independent Business, which represents small employers, said the proposed requirement amounted to a new tax and would frustrate the creation of jobs.
Only an economic ignoramus (i.e., much of the Congress) would think otherwise. So a company has a choice of hiring someone who doesn’t need or want insurance (because she’s young and healthy, or has it through her husband’s plan) but the cost of hiring her is buying a redundant policy for her to government specs. Guess what? Others will work overtime instead. That’s assuming that the business case closes for the business to get started at all, of course.