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April 07, 2006

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Comments

Rick

"The state won't be getting any more money to deal with the increased cost."

Yes, they will. If an employer drops coverage of an employee, or a bloc of employees, he loses the tax credit he claims for insuring those employees. Employers get a tax credit for their premiums. Without that credit, there will be more taxes flowing to state coffers. So there should be enough money, without a tax increase, to cover the cost of more people in government-provided health coverage. This actually moves the ball a little further down the field toward single-payor, if that's what you prefer.

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