Silicon Investor (SI) -- The First Internet Community

STOCKTALK

We've detected that you're using an ad content blocking browser plug-in or feature. Ads provide a critical source of revenue to the continued operation of Silicon Investor. We ask that you disable ad blocking while on Silicon Investor in the best interests of our community. If you are not using an ad blocker but are still receiving this message, make sure your browser's tracking protection is set to the 'standard' level.

Politics : The Obama - Clinton Disaster -- Ignore unavailable to you. Want to Upgrade?

To: HPilot who wrote (16569)	7/31/2009 4:51:11 PM
From: DuckTapeSunroof	Read Replies (1) \| Respond to of 103300

Re: "Why would employers continue to pay for these when they can get them paid by the government?" Two reasons: 1) The government is NEVER going to be offering 'gold-plated' plans costing $50,000 a year per participant (like Goldman does right now). 2) Nothing is free. Even the government plan (if there is one) will have premiums. The CBO estimates that it might come in at 'about 10% cheaper then the average plan offered today'... so obviously that could save some money, but it is not going to 'eliminate' all private plans. One of the intended goals I'm sure is also for the average cost of most private plans to come down, too. Before health care winds up bankrupting America and even more seriously disadvantaging our companies who try to compete on the world stage.