Skip to main content
No. of Recommendations: 3
A big factor in the high cost is how government-provided or employer-provided medical-care insurance has for decades made most people insensitive to the price of medical care.

Leaving aside the Fox Noise talking points that people who have "big gummit" health insurance with overuse it, for a moment, why is it that better paid employees of many large companies *are* provided with employer paid or subsidized medical insurance, but the minimum wage staff is left to apply for government assistance?


Go back to the post you were quoting from and read the paragraph after the one you quoted.

If you need more detail, consider that a low-wage worker is seeing maybe 20 cents - or less - go to taxes out of each dollar while a high-wage worker can easily see double that go to taxes. The tax break on medical-care insurance is simply more valuable to a higher-wage worker. Also, the higher-wage worker doesn't need flexibility with each dollar of earnings to the same extent as the low-wage worker.
Print the post  

Announcements

This is a Politics Free Board
Politically charged posts are not permitted on the Metar Board. If you make a political post, and it is alerted, the post will be removed. Thanks!
What was Your Dumbest Investment?
Share it with us -- and learn from others' stories of flubs.
When Life Gives You Lemons
We all have had hardships and made poor decisions. The important thing is how we respond and grow. Read the story of a Fool who started from nothing, and looks to gain everything.
Contact Us
Contact Customer Service and other Fool departments here.
Work for Fools?
Winner of the Washingtonian great places to work, and Glassdoor #1 Company to Work For 2015! Have access to all of TMF's online and email products for FREE, and be paid for your contributions to TMF! Click the link and start your Fool career.