Why are telehealth company stock prices in a nose dive?
An aspirin a day may hurt more than help.
The tax exclusion for employer provided health insurance is worth $352 billion and it allows employers to control $1.3 trillion of worker earnings spent on health insurance. Cato says we should end the exclusion and give the workers the money directly.
I’m with the CATO and Michael Cannon in ending employer-sponsored health insurance. It’s dangerous to let some uninformed employer choose health insurance for your daughter. He doesn’t know your daughter’s medical history so it’s impossible for him to choose the proper coverage. My daughter has MS and some goofball employer who owns a construction company knows ZERO about health insurance and he is not my daughter’s legal guardian. He doesn’t know my daughter’s name. The employer simply wants the lowest price even if that means the employees are on a worthless HMO that pays NOTHING if the child goes out of network with cancer. The parents or legal gardians should choose a child’s health insurance.
Cannon told me, “You reminded me of something very important, Ron. The Obama administration’s illegal ban on short-term health insurance policies. Rescinding that ban should’ve been one of the things I told the Trump administration to do in a recent oped I published on national review online. But I forgot. Thank you for the reminder.
Tyrannis delenda est.
With STM consumers can go to MD Anderson Cancer Hospital and with Obamacare HMOs they can’t. With a Medicare HMO, they can’t go to MD Anderson but with the MSA in Medicare, they may use any hospital of their choice, it’s Federal law.
it’s not employer provided—- its employer sponsored!!!! Please get the terminology correct… only been telling him that for the last 10 or 15 years now. It is amazing to me that the blueprint to our nation’s health care reform is currently available in 37 states to people on Medicare and there is not one politician or policy wonk talking about the MSA in Medicare.
Maybe we have to dumb it down so cannon doesn’t take another 15 years to write about it
Try this line “The government buys the insurance and then makes a deposit into your savings account “. Then expand this program to everyone and let employers make continuation.
That would end Obamacare, employer sponsored insurance, Medicaid, cut the hyperinflation in the cost of health care. Not to mention save about $800 billion a year.
God forbid people reach age 65 with a bunch of money in their MSA for retirement health care needs.