Monday, February 06, 2006

The Miracle of Re-Labeling

Regarding the high cost of employer-provided health insurance, it has been reported that the annual health insurance premium for single coverage is $4,024, with the employer paying $3,414 and the individual paying $610. This represents an unacceptable burden on the employer and puts U.S. companies at a disadvantage when competing against foreign companies. I have an idea: the government should charge every employer $4,024 per employee for health insurance, but instead of calling it a "premium", it will be called a "tax". Voila! U.S. employers will thereby be relieved of the burden of paying health insurance "premiums" for their employees.

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