Sunday, January 21, 2007

Looks Like Somebody Is Full Of All Kinds Of Stupid Ideas These Days

So basically the President realized that he hadn't done anything to help insurance screw consumers, so now he wants to tax people who receive health insurance from their company.

"Today, the tax code unfairly penalizes people who do not get health insurance through their job," Bush said. "It unwisely encourages workers to choose overly expensive, gold-plated plans. The result is that insurance premiums rise and many Americans cannot afford the coverage they need."

First off, their is nothing gold plated about health insurance in America other then the name plaques on the doors of the insurance executives offices, and denying employees savings of buying group plans, will only add to that. Reducing buying power will not improve any one's health, and will instead lead to another increase in the already high rate of medical cost induced bankruptcies as lower middle class families will be forced to buy plans without adequate catastrophic coverage, as these will be the only plans they can afford when forced to price plans individually.

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