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April 07, 2006

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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