Categories
Health Care Politics

Obamacare ‘Cadillac Tax’ is Coming

From NRO:

Labor unions, whose members make up about 5 percent of the American population, have a big problem with Obamacare:

Source: Obamacare ‘Cadillac Tax’: Abolish It | National Review Online

What a boondoggle. The more the public learns about the details of ACA the less they like it. Read the whole article it has some easy to understand explanations of the economics of healthcare including the following:

By allowing employers to offer insurance on a tax-free basis (as opposed to wages, which are subject to taxation), a dollar of wages is worth less than a dollar of health insurance. This phenomenon offers a particularly convincing explanation for the U.S.’s high health-care costs:

Distortions in the healthcare market have been created by government. The solution…more government. Personally I prefer a free association between patient and doctor to central command and control.

Thankfully dentistry has avoided most of the worst aspects of central control. Some people are upset that dentistry has been left out of ACA. I think it is a blessing.

Leave a Reply

Your email address will not be published.