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Escaping obligations
The two main company-provided benefits are, of course, pensions and medical insurance payments. Defined pension plans are disappearing. One way to end them is to close down the plan as of a date and place a definite amount in assets in a fund.

Sound familiar?

Companies are able to conclude what had been open-ended obligations, both pensions and health, with a certainty of the dollar amount required. Employees are required to take the risk of having sufficient money available.
(401(k)'s have a similar advantage of certainty to the company.)

That's the issue here.

To say that this has anything to do with paying for health care for the general population is a misleading distraction.



And if one were to consider the difficulties of health care in the US, the first problem to consider is costs. Already huge, and rising.

A favorite suggestion from a discussion of universal care I read was the confident assertion that doctors would be put on salary, thus saving money.

If you think trial lawyers are a fierce interest group...

But that's a different discussion on a different topic.
Posted by: Anton Philidor   Posted on: 09/25/07 You are currently: a Guest | Members login | Terms of Use

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Escaping obligations  Anton Philidor | 09/25/07
That is the issue in the strike  DanaBlankenhorn ZDNet Moderator | 09/25/07

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