Govt Healthcare Will Give us ALL Pay Cuts « Publius Forum: "Big Labor has, for the most part, fallen all over itself to help its patron President get his Obamacare policies passed in Congress spending millions to do so. If Obamacare should pass many millions will lose their healthcare and will be forced into government healthcare. According to the CBO at least 10 million will lose their insurance in short order. The CBO is likely lowballing the number, too.
That means many people that now have insurance through their employers will lose it and, thereby, lose some of their compensation and that brings up a major point that few people are talking about. I’ve mentioned it offhandedly in the past, but reader D. Harrison brought the issue before me in a recent email and I thought we should make it a point here.
Mr. Harrison wrote:
Why is no one ever talking about compensation for employees whose employers pull the plug on healthcare benefits plans? If I were taking home an annual salary of $80,000 and had a “Cadillac” healthcare plan worth, say, $20,000, then when my employer drops all healthcare benefits (as he surely will when the “public ‘option’” becomes the default), should I not be compensated by being given $100,000 for my annual wage?
If not, then not only does my overall compensation for my labor drop, but in addition, I will have to pay higher taxes to cover my “free” healthcare. In the end, I get hit with a double-whammy financially … and a triple whammy when you figure in the fact that healthcare will become less available (doctor shortages, increased waiting times, and denials of procedures and medications)!"
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