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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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