Monday, October 20, 2008
Obama and Big Business vs. a freer health insurance market
Barack Obama attacks John McCain's health care plan as spurring the "unraveling of the employer-based health care system." Big employers are siding with Obama.
Not surprisingly, employers want employees more dependent on them. Of course they don't want it to become more affordable for you to strike out on your own. Sure, "unraveling" the employer-based health care system" is a bad thing for employers, but it might also be good for everyone else....
...The New York Times reported that the U.S. Chamber of Commerce and the Business Roundtable didn't like the idea of people breaking free from their employer for healthcare. "To some in the business community, this is very discomforting," Chamber lobbyist Bruce Josten told the Times.
Of course it's discomforting—it could spur entrepreneurship and boost employee independence. Currently, the tax code punishes you for finding health care outside of your employer, which makes you more likely to stay in your current job, which gives your employer more control over you. Rejected for a raise? You still can't leave because you need health care. Want to strike out on your own? How will you afford health care for yourself and your employees?...